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Michigan Cost of Living (MI)

The cost of living in Michigan (MI) is lower than the nationwide average. The average yearly pay in Michigan is $47,131.00, which is lower than the U.S. average annual salary by $2,677.00. The consumer price index (CPI) of 222 in Michigan is 4.72% lower than the U.S. city average CPI of 233. The sales tax is 6.00%.

The CPI calculation is based on a statistical model that takes into account some of the major personal consumption categories such as healthcare, transportation, housing, education and food, in addition to the average Michigan annual salary, sales tax rates and the regional consumer price index.


Michigan Consumer Price Index (CPI):
CPI
Michigan
222
U.S. City Average
233
Average Annual Pay:
U.S. Dollars
Michigan
$47,131
U.S. City Average
$49,808
Consumption Categories in Michigan versus National Average:
Category Percentage Versus National Average
Education 36.64%
0%
90.91%
Healthcare -2.89%
7.17%
0%
Groceries -6.47%
16.05%
0%
Rent -13.89%
34.46%
0%
Mortgage -7.29%
18.09%
0%
Electricity -5.88%
14.59%
0%
Gasoline -2.95%
7.32%
0%
View the Cost of Living for cities in Michigan (MI):


Cost of Living by State:


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