Freeland 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.
IndexFreelandMichiganNational
Cost of living index9789100
IndexFreelandMichiganNational
Goods & Services index10195100
Groceries index9492100
Health care index9596100
Housing index9573100
Transportation index9797100
Utilities index96100100
A general summary of the cost of living index in Freeland, MI is shown above. Compared to the state average of Michigan the cost of living index in Freeland, MI is 97, which is 9% higher than the average in Michigan and compared to the national average it is 3% lower than. The cost of living index is made up of several categories. These are transportation at 9%, utilities at 10%, goods and services at 33%, housing at 30%, groceries at 13%, and health care at 5%. The bulk of the cost of living index comes from the categories of goods and services and housing. If you look at everyday goods and services they can be a good indicator in a certain city of the general costs of goods there. In Freeland, MI goods and services come in at 6% higher than the average in Michigan and are 1% higher than compared to the nationwide average.

Did you know?

  • The cost of living in Freeland is 9% higher than the Michigan average.
  • The cost of living in Freeland is 3% lower than the national average.
  • The cost of housing in Freeland is 5% 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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Salary Calculator

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Use the salary calculator to compare your current income in Freeland, MI to any other city in the country. The calculator will tell you how much income you would need to make in a particular city to live at the same level based on the cost of living in each city. For example, if the cost of living in the city you are looking to move to is higher than that of Freeland, MI, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Freeland, MI salary calculator, enter the name of the new city, then move the slider to your current salary level. The salary calculator will do the rest and let you know if your salary would need to increase or decrease for the new city. You will also see a complete overview of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$77,727$6,477$1,814$2,332
Renters$37,069$3,089$865$1,112
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Freeland, MI as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Freeland, MI homeowners, is $77,727. This would allow for a maximum of $1,814 per month to be spent on housing costs. For renters, the median monthly income is $37,069 which would result in a maximum of $865 to be spent on rental costs.

Michigan Sales Tax

StateGeneral Sales TaxWith Max Surtax
Michigan6%6%

Michigan Income Tax

StateIncome Tax (Low)Income Tax (High)
Michigan4.25%4.25%
When considering the overall cost of living expenses in Freeland, MI, it's important to take into account the sales tax for Michigan, as well as the rate for income tax in Michigan. Goods and services sold to consumers in any state have some form of sales tax. Each state has its own tax code, which means that sales tax rates vary from state to state, ranging from over 7% in some states to as low as 0% in others. The maximum surtax for Michigan is 6%, and the sales tax in the state of Michigan is 6%. Alternatively, the tax imposed on your income by the state government is known as income tax. The rate for this tax also varies from state to state, and your rate is affected by your tax bracket, which is determined by your level of income. Income tax rates might be as high as 9%, down to as low as 0%. The range for income tax rates in Michigan starts from 4.25% and goes up to 4.25%.

Goods & Services

ItemFreelandNational 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%

Groceries

ItemFreelandNational 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

ItemFreelandNational 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%

Housing

ItemFreelandNational avg.Difference
Home Price $157,500.00$175,700.0010.4%
Avg. Mortgage Payment $849.65$1,081.0321.4%
Apartment Rent $987.00$920.007.3%

Transportation

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

Utilities

ItemFreelandNational 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.
Robin Glen-Indiantown, MI89475-25%
Buena Vista, MI6,30279-21%
Saginaw, MI50,70080-20%
Bay City, MI34,57881-19%
Merrill, MI72382-18%
Freeland, MI7,60897-3%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Orange Lake, NY7,60612929%
Glen Ridge, NJ7,60616060%
Glenside, PA7,61412121%
Calipatria, CA7,59994-6%
Corning, CA7,61711414%
Freeland, MI7,60897-3%
Source: The Freeland, MI cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.