Fair Plain 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.
IndexFair PlainMichiganNational
Cost of living index8589100
IndexFair PlainMichiganNational
Goods & Services index9595100
Groceries index10192100
Health care index9496100
Housing index5973100
Transportation index9597100
Utilities index99100100
Here we can see a simple outline of the cost of living in Fair Plain, MI. As you can see, with the average cost of living in Fair Plain, MI being 85, that puts it 4% lower than the average of Michigan and 15% 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 Fair Plain, MI, the price of goods and services are equal to the average of Michigan as well as 5% lower than the nation's average.

Did you know?

  • The cost of living in Fair Plain is 4% lower than the Michigan average.
  • The cost of living in Fair Plain is 15% lower than the national average.
  • The cost of housing in Fair Plain is 41% 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 Fair Plain, 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
Using the salary calculator lets you compare the salary you earn in Fair Plain, MI to what it is in other cities. It will let you know what your earnings would have to be in another city to have the same standard of living, as determined by the cost of living in each city. For example, if the cost of living in the area you want to move to is higher than the cost of living in Fair Plain, MI, you have to earn a higher income in order to still have the same standard of living. To operate the Fair Plain, MI salary calculator, put in the name of the other city, then move the slider to the point that represents the current income. The salary calculator will take care of the rest and tell you how much more or less you must earn in the new city. A Total breakdown of the cost of living is also provided.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
If you want to find a good determining factor for the cost of living and the general affordability of housing in Fair Plain, MI, all you must look at is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Fair Plain, MI, the median monthly income is $47,135 for those who own their own homes. Under the standard rule, that income level would allow for $1,100 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $20,488, per the median income in the area. That would allow for renters to spend up to $478 on monthly rental expenses.

Michigan Sales Tax

StateGeneral Sales TaxWith Max Surtax

Michigan Income Tax

StateIncome Tax (Low)Income Tax (High)
When assessing the complete cost of living in Fair Plain, MI, the Michigan income tax and the Michigan sales tax percentages should unquestionably be taken into consideration. Sales taxes aren't just levies imposed onto sold goods, but they also include taxes that are charged when services are provided for a fee. The rates are different from state to state and can run has high as 7 percent. Some states have no sales tax at all. The Michigan maximum surtax is 6%, and the Michigan sales tax is 6%. By contrast, income tax is an unfortunate obligation that is charged by the government against earnings. Just like sales taxes, the rates for income taxes differ from state to state. They also decrease or increase according to the individual's tax bracket. Tax rates can run as high as 9 percent, with a minimum of zero. Income tax rates range from 4.25% to 4.25% in Michigan.

Goods & Services

ItemFair PlainNational avg.Difference
Haircut $14.13$14.593.2%
Beauty Salon $29.50$34.6814.9%
Toothpaste $2.77$2.4712.0%
Shampoo $1.02$1.020.2%
Movie $7.00$9.8729.1%
Bowling $3.25$4.3926.0%


ItemFair PlainNational avg.Difference
Ground Beef $4.11$4.488.2%
Fried Chicken $1.61$1.4610.0%
Milk $2.44$2.363.5%
Potatoes $3.19$3.064.2%
Pizza $8.00$9.2413.4%
Beer $8.69$8.630.7%

Health Care

ItemFair PlainNational avg.Difference
Optometrist $79.13$99.7820.7%
Doctor $93.60$105.0310.9%
Dentist $84.67$88.704.5%
Ibuprofen $9.12$9.413.1%
Lipitor $299.59$298.500.4%


ItemFair PlainNational avg.Difference
Home Price $94,200.00$175,700.0046.4%
Avg. Mortgage Payment $862.62$1,081.0320.2%
Apartment Rent $658.00$920.0028.5%


ItemFair PlainNational avg.Difference
Gasoline $1.96$2.096.4%
Tire Balancing $44.89$45.290.9%


ItemFair PlainNational avg.Difference
All Electricity$147.13$170.8013.9%
Phone $32.99$28.2616.8%
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.
Benton Harbor, MI10,05679-21%
Benton Heights, MI4,46780-20%
Hartford, MI2,66082-18%
Baroda, MI82484-16%
Watervliet, MI1,94984-16%
Fair Plain, MI8,04385-15%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Geneseo, NY8,0431044%
Kenilworth, NJ8,04513333%
Brookhaven, PA8,0451088%
Lugoff, SC8,03993-7%
Brentwood, MO8,0481044%
Fair Plain, MI8,04385-15%
Source: The Fair Plain, MI cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.