Hillsdale 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 index7989100
Goods & Services index8995100
Groceries index8392100
Health care index9596100
Housing index5073100
Transportation index9797100
Utilities index101100100
Here we can see a simple outline of the cost of living in Hillsdale, MI. As you can see, with the average cost of living in Hillsdale, MI being 79, that puts it 11% lower than the average of Michigan and 21% 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 Hillsdale, MI, the price of goods and services are 6% lower than the average of Michigan as well as 11% lower than the nation's average.

Did you know?

  • The cost of living in Hillsdale is 11% lower than the Michigan average.
  • The cost of living in Hillsdale is 21% lower than the national average.
  • The cost of housing in Hillsdale is 50% 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 Hillsdale, 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 Hillsdale, 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 Hillsdale, MI, you have to earn a higher income in order to still have the same standard of living. To operate the Hillsdale, 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)
A good way to judge both the affordability of the housing and the cost of living is by simply calculating the maximum that a person should spend on housing in Hillsdale, MI, otherwise known as the debt-to-income ratio (DTI). The safest way to live in the city is to avoid spending more than 28 percent of the gross income that one earns on costs that pertain to housing and no more than 36 percent on all expenses and debts. Hillsdale, MI has a median income of about $45,811 for people who own homes. Based on that number, a person should spend a maximum of $1,069 on expenses related to housing. Renters have a slightly different median income, which is $20,793. Based on this average, renters should spend no more than $485 on all of their rental costs if they want to maintain a non-impoverished standard of living.

Michigan Sales Tax

StateGeneral Sales TaxWith Max Surtax

Michigan Income Tax

StateIncome Tax (Low)Income Tax (High)
For those who live in Hillsdale, MI and want to know what the true cost of living is, they ought to look at both the Michigan income tax rate and the Michigan sales tax rate. By sales tax, we mean the taxes that are included whenever a person is purchasing any goods or services. The amount that is taxed depends upon the particular state, where some states have a sales tax of zero percent while others can have a tax higher than seven percent. In Michigan, the sales tax is 6%, while the most you'll pay in surtax is 6%. There is also income tax to consider, which is based upon the amount of money made in a year. Just like sales tax, income tax depends upon the particular state but also depends upon what tax bracket the person is in. Income tax for the state can be higher than nine percent in some states to zero percent in others. For those that live in Michigan, the income tax rate ranges between 4.25% to 4.25%.

Goods & Services

ItemHillsdaleNational avg.Difference
Haircut $14.95$14.592.4%
Beauty Salon $18.31$34.6847.2%
Toothpaste $1.67$2.4732.5%
Shampoo $0.85$1.0216.8%
Movie $7.85$9.8720.5%
Bowling $3.20$4.3927.1%


ItemHillsdaleNational avg.Difference
Ground Beef $3.65$4.4818.5%
Fried Chicken $1.14$1.4622.1%
Milk $2.61$2.3610.7%
Potatoes $2.40$3.0621.6%
Pizza $9.00$9.242.6%
Beer $8.10$8.636.2%

Health Care

ItemHillsdaleNational avg.Difference
Optometrist $57.14$99.7842.7%
Doctor $88.50$105.0315.7%
Dentist $95.43$88.707.6%
Ibuprofen $8.10$9.4113.9%
Lipitor $301.16$298.500.9%


ItemHillsdaleNational avg.Difference
Home Price $80,400.00$175,700.0054.2%
Avg. Mortgage Payment $687.82$1,081.0336.4%
Apartment Rent $565.00$920.0038.6%


ItemHillsdaleNational avg.Difference
Gasoline $1.93$2.097.9%
Tire Balancing $49.66$45.299.7%


ItemHillsdaleNational avg.Difference
All Electricity$173.63$170.801.7%
Phone $28.01$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.
Camden, MI56278-22%
Waldron, MI61878-22%
Montgomery, MI32979-21%
Reading, MI1,24477-23%
North Adams, MI63478-22%
Hillsdale, MI8,22279-21%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Kirby, TX8,22183-17%
Cambridge, MN8,22398-2%
Elgin, TX8,22487-13%
Tega Cay, SC8,22412121%
Clayton, NJ8,22511313%
Hillsdale, MI8,22279-21%
Source: The Hillsdale, MI cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.