Grand Blanc 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.
IndexGrand BlancMichiganNational
Cost of living index9689100
IndexGrand BlancMichiganNational
Goods & Services index10994100
Groceries index10194100
Health care index111100100
Housing index7673100
Transportation index103101100
Utilities index9496100
Here we can see a simple outline of the cost of living in Grand Blanc, MI. As you can see, with the average cost of living in Grand Blanc, MI being 96, that puts it 8% higher than the average of Michigan and 4% 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 Grand Blanc, MI, the price of goods and services are 15% higher than the average of Michigan as well as 9% higher than the nation's average.

Did you know?

  • The cost of living in Grand Blanc is 8% higher than the Michigan average.
  • The cost of living in Grand Blanc is 4% lower than the national average.
  • The cost of housing in Grand Blanc is 24% 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 Grand Blanc, MI Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current salary in Grand Blanc, MI to any other city. The salary calculator will tell you how much you would need to earn in any given city to maintain the same standard of living based on the cost of living in each city. For example, if the cost of living in the city you are looking to relocate to is higher than the cost of living in Grand Blanc, MI, then you would need to earn more income in order to maintain the same standard of living. To use the Grand Blanc, MI salary calculator, simply enter in the name of the new city, then adjust the slider to your current income. The salary calculator will do the rest and let you know if you need to earn more or less in the new city. You will also see a complete breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$79,569$6,631$1,856$2,387
Renters$25,742$2,145$601$772
One can approximate the cost of living and the housing affordability in Grand Blanc, 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 Grand Blanc, MI have a median income of $79,569. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,856 per month to avoid calamity and poverty. The renters in the city have an income of about $25,742, which would make their monthly maximum allowable rental costs $601.

Michigan Sales Tax

StateGeneral Sales TaxWith Max Surtax
Michigan6%6%

Michigan Income Tax

StateIncome Tax (Low)Income Tax (High)
Michigan4.25%4.25%
The Michigan sales tax and Michigan income tax rates should definitely be considered when determining the overall cost of living in Grand Blanc, MI. Sales taxes are taxes that are imposed onto goods and services sold. Sales taxes do vary by state and can range from no tax at all to upwards of 7%. The Michigan sales tax is 6% and the maximum surtax is 6%. Income tax is the tax imposed on income by the government. The income tax rates will vary by state and will also increase or decrease depending on the corresponding tax bracket. State income tax rates can range from anywhere from no tax at all to more than 9%. The Michigan income tax rates range from 4.25% to 4.25%.

Goods & Services

ItemGrand BlancNational avg.Difference
Haircut $18.34$15.5617.9%
Beauty Salon $41.74$36.1115.6%
Toothpaste $2.96$2.4719.7%
Shampoo $0.73$0.9624.0%
Movie $11.00$10.138.6%
Bowling $3.58$4.7424.4%

Groceries

ItemGrand BlancNational avg.Difference
Ground Beef $4.51$3.9813.2%
Fried Chicken $2.02$1.4143.3%
Milk $1.93$2.066.3%
Potatoes $3.31$2.9811.0%
Pizza $9.65$9.471.9%
Beer $7.81$8.7911.2%

Health Care

ItemGrand BlancNational avg.Difference
Optometrist $84.26$101.0416.6%
Doctor $139.39$107.4429.7%
Dentist $100.94$90.4211.6%
Ibuprofen $8.20$9.2811.7%
Lipitor $439.61$426.503.1%

Housing

ItemGrand BlancNational avg.Difference
Home Price $131,500.00$175,700.0025.2%
Avg. Mortgage Payment $1,166.18$1,133.232.9%
Apartment Rent $709.00$920.0022.9%

Transportation

ItemGrand BlancNational avg.Difference
Gasoline $1.94$1.992.7%
Tire Balancing $53.61$45.7617.2%

Utilities

ItemGrand BlancNational avg.Difference
All Electricity$182.66$163.8111.5%
Phone $20.00$28.3929.5%
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.
Flint, MI100,56984-16%
Beecher, MI10,23086-14%
Mount Morris, MI3,03286-14%
Gaines, MI37782-18%
Burton, MI29,42989-11%
Grand Blanc, MI8,14796-4%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Seneca, SC8,14793-7%
Oak Grove, MN8,14511313%
Dalhart, TX8,15081-19%
Calimesa, CA8,1431077%
Prien, LA8,14294-6%
Grand Blanc, MI8,14796-4%
Source: The Grand Blanc, MI cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.