Russells Point, OH vs Colon, MI: Cost of Living

Which city costs less?

Colon, MI has a modeled overall cost index 1.9% lower than Russells Point, OH.

Russells Point, OH · modeled 2BR rent
$1,000 / month
Colon, MI · modeled 2BR rent
$1,000 / month

These are saved estimates, not current rental listings. Some cities use adjusted regional data. Your household budget can differ from the overall index. Sources and assumptions

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Cost of Living Comparison 2026

Compare Russells Point, OH and Colon, MI using saved regional data and explicit budgeting assumptions. Rent estimates are not live listings. Change the salary below, then check the source notes before applying a result to your household.

Saved regional estimates · Sources and assumptions

$
Numbers update automatically as you type

Estimated savings: $165/month in Colon, MI

$150,000 in your current city has a modeled equivalent of $148,021 in Colon, MI

Regional cost estimates: Russells Point, OH uses Columbus, OH. Colon, MI uses Fort Wayne, IN. Available city ZIP rent estimates are shown separately.
Overall Cost
↓ 1.9%
Less expensive
Monthly Impact
$165
Savings
Annual Impact
$2.0K
Per year

Assumes 60% of current gross income goes to living costs. The headline uses the category budget below; taxes, moving costs and savings goals are excluded.

Russells Point, OH

Population:1K
Cost Index:
78.5
100 = national average
Typical Home:$189K

Colon, MI

Population:1K
Cost Index:
77.0
100 = national average
Typical Home:$188K

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Russells Point, OH

The Buckeye State

1K
Population
State Tax
Yes

Located in Ohio, this city has a population of 1K residents.

Colon, MI

The Great Lakes State

1K
Population
State Tax
Yes

Located in Michigan, this city has a population of 1K residents.

Cost Breakdown by Category

Estimated monthly spending: Russells Point, OH vs Colon, MI

Assumes 60% of your current gross income is spent on these categories. The headline and totals use this same budget. Rent estimates below are separate reference data. Rounded amounts may differ by $1.

Housing
↓ 5.8%
Russells Point, OH
$1,992
Colon, MI
$1,877
Difference
$115
less
Transportation
↓ 7.5%
Russells Point, OH
$1,473
Colon, MI
$1,363
Difference
$110
less
All Utilities
↑ 11.6%
Russells Point, OH
$536
Colon, MI
$598
Difference
$62.30
more
Other
↑ 1.8%
Russells Point, OH
$1,679
Colon, MI
$1,709
Difference
$29.82
more
Groceries
↓ 2.2%
Russells Point, OH
$1,119
Colon, MI
$1,094
Difference
$24.50
less
Healthcare
↓ 1.1%
Russells Point, OH
$701
Colon, MI
$693
Difference
$7.59
less

🏠Rent Comparison

Studio
From$760
To$710
↓ $50.00
1 Bed
From$760
To$780
↑ $20.00
2 Bed
From$1,000
To$1,000
→ $0
3 Bed
From$1,220
To$1,360
↑ $140
Russells Point, OHZIP-level data

1BR range: $760–$760/mo

Colon, MIZIP-level data

1BR range: $780–$780/mo

💡 Note: HUD Fair Market Rents estimate 40th-percentile gross rents, including most tenant-paid utilities. City ZIP summaries are medians of those estimates, not market median rents. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$7,500
Monthly in Russells Point, OH
$7,335
Monthly in Colon, MI
$165
Difference

Home Values

Russells Point
Colon
$189K
Median Value
$188K
↑ +1%
YoY Change
↑ +4.2%
↑ +41.5%
5-Year Change
↑ +28.6%

Homes in Colon are 1% less expensive than Russells Point

Calculate payment - Russells PointCalculate payment - Colon

Source: Zillow Home Value Index (ZHVI), January 2026

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings
↓ $1.9K
More taxes
Monthly Difference
$162
Less take-home
Effective Rate Diff
1.3%
Rate difference

Russells Point, OH

Federal Income Tax
Effective: 18.9%
$25.5K
Ohio State Tax
Effective: 3.0%
$4.4K
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 27.6%
$41.4K
Take-Home Pay
$9,047/month
$108.6K

Colon, MI

Federal Income Tax
Effective: 18.9%
$25.5K
Michigan State Tax
Effective: 4.3%
$6.4K
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 28.9%
$43.4K
Take-Home Pay
$8,884/month
$106.6K

Additional Tax Information

Russells Point, OH Tax Rates

Sales Tax:7.2%
Property Tax:1.6%

Colon, MI Tax Rates

Sales Tax:6.0%
Property Tax:1.4%

💡 Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.

Environment

Russells Point
Colon
53 Moderate
Air Quality
45 Good
41.3%
Good Air Days
62.6%
98 High
Climate Risk
91 Moderate
🌊🌡🌪
Top Hazards
🌊🌪💨
▲+3.1°F
2050 Outlook
▲+3.1°F
18 days
Heat Days >95°F
17 days
▲+3.1°F
2050 Outlook
▲+3.1°F
18 days
Heat Days >95°F
17 days

Before moving from Russells Point, OH to Colon, MI

Use this comparison to shortlist a move, then check the costs that depend on your household.

  1. Compare actual homes. Get current quotes in Colon, MI for the same bedroom count and included utilities as your home in Russells Point, OH. Add parking, deposits, insurance and any overlapping leases. The rent estimates above are a starting point, not available listings.
  2. Confirm your income. Check your expected pay with your employer, including any location adjustment. Use “Different salary at destination?” above to compare two incomes. The budget model excludes taxes and one-time moving costs; it is not a take-home-pay calculation.
  3. Price your daily routine. Check the commute from a specific address to work, school or childcare. Add household expenses missing from this model, such as childcare, debt payments and medical needs. Verify local services before signing a lease.
  4. Plan the transition. Get moving quotes and budget for travel, setup costs and time off. Open your Russells Point to Colon moving checklist to organize the tasks and timing.

Still choosing a destination? Explore cities similar to Colon, MI by cost, housing, population and region.

Frequently Asked Questions: Russells Point, OH vs Colon, MI

How do the cost estimates for Russells Point, OH and Colon, MI compare?

Colon, MI has a modeled overall cost index 1.9% lower than Russells Point, OH. This is a broad model comparison, not a survey of today's prices or a forecast of your household spending. Some cities use adjusted regional fallback data.

What does the equivalent salary mean?

At a $150,000 salary in Russells Point, OH, the model estimates $148,021 in Colon, MI. It allocates 60% of gross income to the origin city’s category budget and applies each destination category’s relative cost. The equivalent salary adds the total category difference to your income. The monthly difference is the same category difference divided by 12; it is not take-home pay or guaranteed savings. Household size, childcare and your actual lease are not inputs to this calculation.

What rent estimates are available for Russells Point, OH and Colon, MI?

The modeled two-bedroom rents are $1,000/month in Russells Point, OH and $1,000/month in Colon, MI. Where available, the source is a city median of HUD FY2026 ZIP-level estimates; otherwise a saved metro table is used. City adjustments may also apply. These are not asking rents or available listings. Compare actual properties with the same bedroom count and included utilities.

How should I use this comparison before moving?

Use it to shortlist locations, then replace modeled costs with a current housing quote, employer-confirmed income, commute costs, insurance and your household's other expenses. Add one-time moving costs separately. Source years differ and the saved datasets are not a live price feed. Read the methodology for the formulas and fallback rules.

💰 See how taxes change too — compare take-home pay between Ohio and Michigan on TaxTakeHome.com

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