Joliet is 27% cheaper than Ann Arbor.
When comparing Joliet, IL and Ann Arbor, MI, the overall cost of living indices are 88 and 121 respectively (national median = 100). Rent is $315/month cheaper in Joliet, saving renters about $3,780/year.
Median household income is $6,937/year higher in Joliet. Home values also differ significantly — the median in Joliet is $248,600 compared to $435,100 in Ann Arbor.
Michigan has a lower income tax rate, making Ann Arbor slightly more tax-friendly.
Joliet vs Ann Arbor — common questions
Other cost of living comparisons for Joliet and Ann Arbor