Menominee, MI Cost Of Living
Cost Of Living In Menominee, MI Summary
Cost of living in Menominee 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 Menominee 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 Menominee is 80, with 100 being the average.
The cost of living index in Menominee is 0.8x lower than the national average.
Menominee ranks as the #15 cheapest in Michigan out of 175.
Menominee ranks as the #211 cheapest out of 6,412 in the US.
The median home value in Menominee is $82,100.
The median income in Menominee is $44,750.
Table Of Contents
Menominee's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Menominee, MI?
According to the most recent data on the cost of living, Menominee has an overall cost of living index of 80, which is 0.8x lower than the national index of 100.
Compared to Michigan, Menominee has a cost of living index that's 0.9x lower than Michigan's index of 92.
The standard of living in Menominee ranks as #15 most affordable out of the 175 places we measured in Michigan. By definition, that implies Menominee ranks as the #160 most expensive place in the Wolverine State.
For more reading on life in Menominee, check out:
- Living In Menominee
- Menominee Crime Report
- Search Homes For Sale In Menominee, MI
In Michigan
In America
Menominee Cost Of Living Vs. Michigan
Six factors go into calculating the cost of living index in Menominee. Here is how it fairs on each of the criteria:
The Services index in Menominee is 90.
The Groceries index in Menominee is 95.
The Health index in Menominee is 101.
The Housing index in Menominee is 46.
The Transportation index in Menominee is 88.
The Utilities index in Menominee is 97.
| Living Expense | Menominee | Michigan | National Average | |
|---|---|---|---|---|
| Overall | 80 | 92 | 100 | |
| Services | 90 | 96 | 100 | |
| Groceries | 95 | 96 | 100 | |
| Health | 101 | 94 | 100 | |
| Housing | 46 | 80 | 100 | |
| Transportation | 88 | 97 | 100 | |
| Utilities | 97 | 100 | 100 | |
Menominee, 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 Menominee is $82,100.
The Median Rent in Menominee is $647.
The Median Income in Menominee is $44,750.
The Home Value To Income in Menominee is 1.8x.
The Rent To Monthly Income in Menominee is 0.17x.
| Statistic | Menominee | Michigan | United States |
|---|---|---|---|
| Median Home Value | $82,100 | $172,100 | $244,900 |
| Median Rent | $647 | $946 | $1,163 |
| Median Income | $44,750 | $63,202 | $69,021 |
| Home Value To Income | 1.8x | 2.7x | 3.5x |
| Rent To Monthly Income | 0.17x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Menominee, MI Costs By Category
Detailed Menominee Services Costs Vs. Michigan
Detailed Menominee Groceries Costs Vs. Michigan
Detailed Menominee Health Costs Vs. Michigan
Detailed Menominee Transportation Costs Vs. Michigan
Detailed Menominee Utilities Costs Vs. Michigan
Menominee SnackAbility
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Cost Of Living In Cities Around Menominee
The cost of living varies in the cities and towns around Menominee. Here's a quick look at the cost of living in the most populous nearby places:
Green Bay, WI has a cost of living index of 83, 1.0x Menominee.
Howard, WI has a cost of living index of 92, 1.1x Menominee.
Ashwaubenon, WI has a cost of living index of 89, 1.1x Menominee.
| City | Population | Cost Of Living | Vs. Menominee |
|---|---|---|---|
| Green Bay, WI | 107,083 | 83 | 1.0x |
| Howard, WI | 19,828 | 92 | 1.1x |
| Ashwaubenon, WI | 17,042 | 89 | 1.1x |
| Bellevue, WI | 15,922 | 92 | 1.1x |
| Allouez, WI | 14,072 | 90 | 1.1x |
| Suamico, WI | 12,774 | 100 | 1.2x |
| Marinette, WI | 11,025 | 82 | 1.0x |
| Sturgeon Bay, WI | 9,540 | 85 | 1.1x |
