Manistee, MI Cost Of Living
Cost Of Living In Manistee, MI Summary
Cost of living in Manistee research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Manistee is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Michigan, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Manistee is 82, with 100 being the average.
The cost of living index in Manistee is 0.8x lower than the national average.
Manistee ranks as the #25 cheapest in Michigan out of 175.
Manistee ranks as the #377 cheapest out of 6,412 in the US.
The median home value in Manistee is $121,800.
The median income in Manistee is $52,453.
Table Of Contents
Manistee's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Manistee, MI?
According to the most recent data on the cost of living, Manistee has an overall cost of living index of 82, which is 0.8x lower than the national index of 100.
Compared to Michigan, Manistee has a cost of living index that's 0.9x lower than Michigan's index of 92.
The standard of living in Manistee ranks as #25 most affordable out of the 175 places we measured in Michigan. By definition, that implies Manistee ranks as the #150 most expensive place in the Wolverine State.
For more reading on life in Manistee, check out:
- Living In Manistee
- Manistee Crime Report
- Search Homes For Sale In Manistee, MI
In Michigan
In America
Manistee Cost Of Living Vs. Michigan
Six factors go into calculating the cost of living index in Manistee. Here is how it fairs on each of the criteria:
The Services index in Manistee is 91.
The Groceries index in Manistee is 92.
The Health index in Manistee is 101.
The Housing index in Manistee is 51.
The Transportation index in Manistee is 88.
The Utilities index in Manistee is 96.
| Living Expense | Manistee | Michigan | National Average | |
|---|---|---|---|---|
| Overall | 82 | 92 | 100 | |
| Services | 91 | 96 | 100 | |
| Groceries | 92 | 96 | 100 | |
| Health | 101 | 94 | 100 | |
| Housing | 51 | 80 | 100 | |
| Transportation | 88 | 97 | 100 | |
| Utilities | 96 | 100 | 100 | |
Manistee, MI Housing Cost Breakdown
Housing swings affordability the most between places in Michigan, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Manistee is $121,800.
The Median Rent in Manistee is $729.
The Median Income in Manistee is $52,453.
The Home Value To Income in Manistee is 2.3x.
The Rent To Monthly Income in Manistee is 0.17x.
| Statistic | Manistee | Michigan | United States |
|---|---|---|---|
| Median Home Value | $121,800 | $172,100 | $244,900 |
| Median Rent | $729 | $946 | $1,163 |
| Median Income | $52,453 | $63,202 | $69,021 |
| Home Value To Income | 2.3x | 2.7x | 3.5x |
| Rent To Monthly Income | 0.17x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Manistee, MI Costs By Category
Detailed Manistee Services Costs Vs. Michigan
Detailed Manistee Groceries Costs Vs. Michigan
Detailed Manistee Health Costs Vs. Michigan
Detailed Manistee Transportation Costs Vs. Michigan
Detailed Manistee Utilities Costs Vs. Michigan
Manistee SnackAbility
/10
Cost Of Living In Cities Around Manistee
The cost of living varies in the cities and towns around Manistee. Here's a quick look at the cost of living in the most populous nearby places:
Cadillac, MI has a cost of living index of 82, 1.0x Manistee.
Ludington, MI has a cost of living index of 86, 1.0x Manistee.
| City | Population | Cost Of Living | Vs. Manistee |
|---|---|---|---|
| Cadillac, MI | 10,317 | 82 | 1.0x |
| Ludington, MI | 7,728 | 86 | 1.0x |
