Cost Of Living In Mackinac Island, MI

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	119	89	100
Index	Mackinac Island	Michigan	National
Goods & Services index	93	94	100
Groceries index	91	94	100
Health care index	104	100	100
Housing index	174	73	100
Transportation index	103	101	100
Utilities index	103	96	100

Did you know?

The cost of living in Mackinac Island is 34% higher than the Michigan average.
The cost of living in Mackinac Island is 19% higher than the national average.
The cost of housing in Mackinac Island is 74% 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	$59,583	$4,965	$1,390	$1,788
Renters	$48,125	$4,010	$1,123	$1,444

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	$9.88	$15.56	36.5%
Beauty Salon	$23.75	$36.11	34.2%
Toothpaste	$1.51	$2.47	39.0%
Shampoo	$0.90	$0.96	6.9%
Movie	$10.06	$10.13	0.6%
Bowling	$2.60	$4.74	45.1%

Groceries

Item	Mackinac Island	National avg.	Difference
Ground Beef	$3.85	$3.98	3.3%
Fried Chicken	$1.42	$1.41	0.6%
Milk	$1.66	$2.06	19.5%
Potatoes	$1.78	$2.98	40.5%
Pizza	$8.97	$9.47	5.4%
Beer	$7.44	$8.79	15.4%

Health Care

Item	Mackinac Island	National avg.	Difference
Optometrist	$60.59	$101.04	40.0%
Doctor	$138.70	$107.44	29.1%
Dentist	$86.47	$90.42	4.4%
Ibuprofen	$9.33	$9.28	0.6%
Lipitor	$438.22	$426.50	2.7%

Housing

Item	Mackinac Island	National avg.	Difference
Home Price	$378,600.00	$175,700.00	115.5%
Avg. Mortgage Payment	$877.86	$1,133.23	22.5%
Apartment Rent	$717.00	$920.00	22.1%

Transportation

Item	Mackinac Island	National avg.	Difference
Gasoline	$1.96	$1.99	1.6%
Tire Balancing	$51.31	$45.76	12.1%

Utilities

Item	Mackinac Island	National avg.	Difference
All Electricity	$145.56	$163.81	11.1%
Phone	$34.63	$28.39	22.0%

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	4,801	81	-19%
St. Ignace, MI	2,615	86	-14%
Carp Lake, MI	474	86	-14%
Mackinaw City, MI	719	92	-8%
Mackinac Island, MI	600	119	19%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Orange Grove Mobile Manor, AZ	600	88	-12%
Naknek, AK	600	123	23%
Canton, OK	600	79	-21%
Neosho, WI	600	99	-1%
Clarks Grove, MN	600	83	-17%
Mackinac Island, MI	600	119	19%

Source: The Mackinac Island, MI cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.

Mackinac Island, MI Cost of Living