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Reese, MI vs Sterling, MI

73
Reese
Michigan
VS
+17.9%
62
Sterling
Michigan

There is a significant gap in the cost of living between these two cities. Sterling is 17.9% cheaper than Reese. With a cost index of 62 vs 73, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Sterling to Reese should plan for substantially higher expenses across most categories.

On the housing front, median rent in Reese is $909/month compared to $771/month in Sterling — a 18% difference. Home values follow the same pattern: Sterling is more affordable at $84,700 median vs $174,600.

Median household income in Reese is $83,125 compared to $58,750 in Sterling (+41.5%). While Reese is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Reese spend roughly 13.1% of their income on rent, less than the 15.7% in Sterling.

Income & Cost

Cost of Living Index
Reese
73
Sterling
62
15% cheaper
Median Household Income
Reese
$83,125
29% higher
Sterling
$58,750

Housing

Median Rent
Reese
$909
Sterling
$771
15% cheaper
Median Home Value
Reese
$174,600
Sterling
$84,700
51% cheaper
Population
Reese
1,303
Sterling
439

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Reese $2.88
Sterling $2.88
US $3.07
🥚
Eggs (grade A, large)
Reese $2.35
Sterling $2.35
US $2.50
🥛
Milk (whole)
Reese $3.79
Sterling $3.79
US $4.03
🍞
Bread (white)
Reese $1.74
Sterling $1.74
US $1.85
🍗
Chicken breast
Reese $3.90
Sterling $3.90
US $4.14
Electricity
Reese $0.18
Sterling $0.18
US $0.19