Rockwood, MI vs Stevensville, MI

Rockwood, MI and Stevensville, MI have a very similar cost of living, with only a 3.3% difference in their overall index. Rockwood scores 78 while Stevensville scores 81 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Rockwood is $968/month compared to $1,126/month in Stevensville — a 14% difference. Home values follow the same pattern: Rockwood is more affordable at $180,000 median vs $190,000.

Median household income in Rockwood is $85,391 compared to $75,069 in Stevensville (+13.8%). Rockwood offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Rockwood spend roughly 13.6% of their income on rent, less than the 18% in Stevensville.