Bay Shore cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexBay ShoreMichiganNational
Cost of living index8089100
IndexBay ShoreMichiganNational
Goods & Services index9394100
Groceries index9194100
Health care index104100100
Housing index4273100
Transportation index103101100
Utilities index10396100

Did you know?

  • The cost of living in Bay Shore is 10% lower than the Michigan average.
  • The cost of living in Bay Shore is 20% lower than the national average.
  • The cost of housing in Bay Shore is 58% lower than the national average.
  • Michigan general sales tax is 18% higher than the national average.
  • Michigan state income tax is 91% higher than the national average.

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Compare Bay Shore, MI Cost of living To Other Cities

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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$38,500$3,208$898$1,155
Renters$28,438$2,370$664$853

Michigan Sales Tax

StateGeneral Sales TaxWith Max Surtax
Michigan6%6%

Michigan Income Tax

StateIncome Tax (Low)Income Tax (High)
Michigan4.25%4.25%

Goods & Services

ItemBay ShoreNational avg.Difference
Haircut $9.88$15.5636.5%
Beauty Salon $23.75$36.1134.2%
Toothpaste $1.51$2.4739.0%
Shampoo $0.90$0.966.9%
Movie $10.06$10.130.6%
Bowling $2.60$4.7445.1%

Groceries

ItemBay ShoreNational avg.Difference
Ground Beef $3.85$3.983.3%
Fried Chicken $1.42$1.410.6%
Milk $1.66$2.0619.5%
Potatoes $1.78$2.9840.5%
Pizza $8.97$9.475.4%
Beer $7.44$8.7915.4%

Health Care

ItemBay ShoreNational avg.Difference
Optometrist $60.59$101.0440.0%
Doctor $138.70$107.4429.1%
Dentist $86.47$90.424.4%
Ibuprofen $9.33$9.280.6%
Lipitor $438.22$426.502.7%

Housing

ItemBay ShoreNational avg.Difference
Home Price $64,000.00$175,700.0063.6%
Avg. Mortgage Payment $877.86$1,133.2322.5%
Apartment Rent $515.00$920.0044.0%

Transportation

ItemBay ShoreNational avg.Difference
Gasoline $1.96$1.991.6%
Tire Balancing $51.31$45.7612.1%

Utilities

ItemBay ShoreNational avg.Difference
All Electricity$145.56$163.8111.1%
Phone $34.63$28.3922.0%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Ponshewaing, MI2096-4%
Conway, MI30276-24%
Oden, MI60080-20%
East Jordan, MI2,33582-18%
Ellsworth, MI42784-16%
Bay Shore, MI68280-20%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Wallace, CA68211919%
Maharishi Vedic City, IA6821099%
Fort White, FL6821000%
Waterville, KS68280-20%
Wyocena, WI68299-1%
Bay Shore, MI68280-20%
Source: The Bay Shore, MI cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.