Cost of Living: Muskegon, MI vs Richmond, IN
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,268/mo in Muskegon, MI versus $4,332/mo in Richmond, IN. In the model, rent is about 13.51% of gross in Muskegon, MI versus 11.88% in Richmond, IN, so Richmond, IN tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Muskegon, MI and Richmond, IN.
At a glance
- Cheaper overall (lower cost-of-living index): Richmond, IN
- Lower rent (median 1BR/2BR): Richmond, IN
- Lower home prices: Richmond, IN
- Higher median household income: Richmond, IN
Cost of Living Index
Muskegon, MI: 100 (U.S. = 100) · Richmond, IN: 100 (U.S. = 100)
Both cities have the same cost-of-living index (U.S. average = 100).
Median Rent
Muskegon, MI: $881/mo (midpoint of 1BR/2BR) · Richmond, IN: $775/mo
Median rent in Muskegon, MI is $106/mo higher than in Richmond, IN.
Median Home Price
Muskegon, MI: $121,800 · Richmond, IN: $107,600
Median home price in Muskegon, MI is $14,200 higher than in Richmond, IN.
Median Household Income
Muskegon, MI: $46,342 · Richmond, IN: $46,395
Richmond, IN has a higher median household income than Muskegon, MI by $53.
Muskegon, MI overview · Richmond, IN overview · Popular comparisons