Cadillac 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.
Cost of living index8489100
Goods & Services index10195100
Groceries index9492100
Health care index9596100
Housing index5373100
Transportation index9797100
Utilities index96100100
Here we can see a simple outline of the cost of living in Cadillac, MI. As you can see, with the average cost of living in Cadillac, MI being 84, that puts it 5% lower than the average of Michigan and 16% lower than our nation's average. This simple outline of the cost of living index was formulated using prices of: goods and services (weighted 33%), housing prices (weighted 30%), groceries (weighted 13%), utilities (weighted 10%), transportation (weighted 9%), and health care (weighted 5%). Thus, goods/services, along with housing influences the majority of the cost of living index. The price of daily goods and services is a valuable and reliable number to be aware of when considering the general price of the city's goods. In the case of Cadillac, MI, the price of goods and services are 6% higher than the average of Michigan as well as 1% higher than the nation's average.

Did you know?

  • The cost of living in Cadillac is 5% lower than the Michigan average.
  • The cost of living in Cadillac is 16% lower than the national average.
  • The cost of housing in Cadillac is 47% 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 Cadillac, MI Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
Price difference in compared to
Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
The salary calculator is used in order to provide a comparison of your current salary in Cadillac, MI to another city of your choice. The calculator will inform you of what your salary needs to be in any specific city in order for you to maintain your living standard based on what the city’s cost of living is. As an example, if you are seeking to move to a city that has a higher cost of living compared to Cadillac, MI, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Cadillac, MI salary calculator, input the new city’s name and then move the slider to indicate your current income. The salary calculator will now process the numbers and show you whether you need to earn more or less in the chosen city. A comprehensive breakdown of the cost of living will also be shown.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
One can approximate the cost of living and the housing affordability in Cadillac, MI by the percentage of a person’s income that he or she spends on the monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side and keep one’s head above the water, a consumer should never spend more than 28 percent of his or her gross income on housing-related expenses and costs and not more than 36 percent of income on all expenses and debts. Homeowners in Cadillac, MI have a median income of $45,583. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,064 per month to avoid calamity and poverty. The renters in the city have an income of about $22,792, which would make their monthly maximum allowable rental costs $532.

Michigan Sales Tax

StateGeneral Sales TaxWith Max Surtax

Michigan Income Tax

StateIncome Tax (Low)Income Tax (High)
One thing to keep in mind when considering the cost of living in Cadillac, MI is the Michigan sales tax and Michigan income tax rates. Sales taxes are taxes that are collected on most goods or services sold. Sales taxes can vary by state and can be as high as 7% and as low as 0% as not every state imposes a sales tax. The Michigan sales tax rate is 6% and the maximum surtax that can be charged is 6%. Income tax is the tax imposed on income by both the federal and state government. The income tax rates varies by individual state and will also be higher or lower depending on the applicable tax bracket. The rates of state income tax can vary from 0% to more than 9%. The Michigan income tax rates range from 4.25% to 4.25%.

Goods & Services

ItemCadillacNational avg.Difference
Haircut $16.00$14.599.6%
Beauty Salon $35.00$34.680.9%
Toothpaste $1.72$2.4730.5%
Shampoo $0.98$1.024.1%
Movie $10.15$9.872.9%
Bowling $4.27$4.392.8%


ItemCadillacNational avg.Difference
Ground Beef $4.49$4.480.3%
Fried Chicken $1.19$1.4618.7%
Milk $2.45$2.364.0%
Potatoes $2.82$3.067.9%
Pizza $8.96$9.243.1%
Beer $9.04$8.634.7%

Health Care

ItemCadillacNational avg.Difference
Optometrist $84.50$99.7815.3%
Doctor $94.00$105.0310.5%
Dentist $79.67$88.7010.2%
Ibuprofen $8.48$9.419.9%
Lipitor $342.99$298.5014.9%


ItemCadillacNational avg.Difference
Home Price $76,500.00$175,700.0056.5%
Avg. Mortgage Payment $849.65$1,081.0321.4%
Apartment Rent $679.00$920.0026.2%


ItemCadillacNational avg.Difference
Gasoline $1.95$2.096.8%
Tire Balancing $48.00$45.296.0%


ItemCadillacNational avg.Difference
All Electricity$159.83$170.806.4%
Phone $27.99$28.260.9%
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.
Jennings, MI20278-22%
Boon, MI20381-19%
Marion, MI79382-18%
Harrietta, MI12882-18%
Luther, MI43582-18%
Cadillac, MI10,30684-16%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Parsons, KS10,30779-21%
Greencastle, IN10,30790-10%
Oak Hills, CA10,30812222%
West Haverstraw, NY10,30813232%
Largo, MD10,30111717%
Cadillac, MI10,30684-16%
Source: The Cadillac, MI cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.