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Schoolcraft, MI vs Williamston, MI

76
Schoolcraft
Michigan
VS
-4.4%
80
Williamston
Michigan

Schoolcraft, MI and Williamston, MI have a very similar cost of living, with only a 4.4% difference in their overall index. Schoolcraft scores 76 while Williamston scores 80 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 Schoolcraft is $863/month compared to $972/month in Williamston — a 11% difference. Home values follow the same pattern: Schoolcraft is more affordable at $208,300 median vs $215,000.

Median household income in Schoolcraft is $82,813 compared to $73,902 in Williamston (+12.1%). Schoolcraft offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Schoolcraft spend roughly 12.5% of their income on rent, less than the 15.8% in Williamston.

Income & Cost

Cost of Living Index
Schoolcraft
76
4% cheaper
Williamston
80
Median Household Income
Schoolcraft
$82,813
11% higher
Williamston
$73,902

Housing

Median Rent
Schoolcraft
$863
11% cheaper
Williamston
$972
Median Home Value
Schoolcraft
$208,300
3% cheaper
Williamston
$215,000
Population
Schoolcraft
1,268
Williamston
3,800

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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