Mackinac Island, MI Cost Of Living

Mackinac Island 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.
Index	Mackinac Island	Michigan	National
Cost of living index	141	88	100
Index	Mackinac Island	Michigan	National
Goods & Services index	92	93	100
Groceries index	92	91	100
Health care index	106	94	100
Housing index	246	74	100
Transportation index	98	103	100
Utilities index	106	91	100

Did you know?

The cost of living in Mackinac Island is 60% higher than the Michigan average.
The cost of living in Mackinac Island is 41% higher than the national average.
The cost of housing in Mackinac Island is 146% higher 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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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$75,938	$6,328	$1,772	$2,278
Renters	$46,324	$3,860	$1,081	$1,390

Michigan Sales Tax

State	General Sales Tax	With Max Surtax
Michigan	6%	6%

Michigan Income Tax

State	Income Tax (Low)	Income Tax (High)
Michigan	4.25%	4.25%

Goods & Services

Item	Mackinac Island	National avg.	Difference
Haircut	$9.94	$16.09	38.2%
Beauty Salon	$21.00	$37.33	43.8%
Toothpaste	$1.74	$2.45	28.7%
Shampoo	$0.80	$1.00	19.7%
Movie	$10.45	$10.28	1.7%
Bowling	$2.57	$4.93	47.8%

Groceries

Item	Mackinac Island	National avg.	Difference
Ground Beef	$3.99	$3.80	5.0%
Fried Chicken	$1.29	$1.40	7.7%
Milk	$1.70	$2.01	15.3%
Potatoes	$1.52	$3.01	49.6%
Pizza	$10.32	$9.89	4.4%
Beer	$7.74	$8.90	13.0%

Health Care

Item	Mackinac Island	National avg.	Difference
Optometrist	$57.56	$102.16	43.7%
Doctor	$138.84	$108.36	28.1%
Dentist	$91.99	$92.53	0.6%
Ibuprofen	$8.81	$9.28	5.0%
Lipitor	$438.10	$425.82	2.9%

Housing

Item	Mackinac Island	National avg.	Difference
Home Price	$609,800.00	$184,700.00	230.2%
Avg. Mortgage Payment	$1,012.37	$1,202.44	15.8%
Apartment Rent	$471.00	$949.00	50.4%

Transportation

Item	Mackinac Island	National avg.	Difference
Gasoline	$2.20	$2.24	1.8%
Tire Balancing	$45.78	$46.29	1.1%

Utilities

Item	Mackinac Island	National avg.	Difference
All Electricity	$150.41	$165.96	9.4%
Phone	$35.86	$28.68	25.0%

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, State	Population	Cost of Living Index	National Avg.
Cheboygan, MI	4,761	80	-20%
Carp Lake, MI	531	84	-16%
St. Ignace, MI	2,563	85	-15%
Mackinaw City, MI	655	87	-13%
Mackinac Island, MI	763	141	41%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Piedmont, WV	763	77	-23%
Tilden, IL	763	82	-18%
Marengo, IN	763	81	-19%
Everson, PA	763	88	-12%
Mount Hope, KS	763	85	-15%
Mackinac Island, MI	763	141	41%

Source: The Mackinac Island, MI cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.

Mackinac Island, MI Cost of Living