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.
IndexMackinac IslandMichiganNational
Cost of living index12289100
IndexMackinac IslandMichiganNational
Goods & Services index9795100
Groceries index9192100
Health care index10796100
Housing index17473100
Transportation index10397100
Utilities index111100100

Did you know?

  • The cost of living in Mackinac Island is 37% higher than the Michigan average.
  • The cost of living in Mackinac Island is 22% 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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Compare Mackinac Island, MI Cost of living To Other Cities

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Utilities index

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax 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

StateGeneral Sales TaxWith Max Surtax
Michigan6%6%

Michigan Income Tax

StateIncome Tax (Low)Income Tax (High)
Michigan4.25%4.25%

Goods & Services

ItemMackinac IslandNational avg.Difference
Haircut $10.00$14.5931.5%
Beauty Salon $25.38$34.6826.8%
Toothpaste $1.86$2.4724.8%
Shampoo $0.81$1.0220.7%
Movie $10.00$9.871.3%
Bowling $2.60$4.3940.8%

Groceries

ItemMackinac IslandNational avg.Difference
Ground Beef $4.26$4.484.8%
Fried Chicken $1.57$1.467.2%
Milk $2.32$2.361.6%
Potatoes $1.83$3.0640.2%
Pizza $9.00$9.242.6%
Beer $7.41$8.6314.2%

Health Care

ItemMackinac IslandNational avg.Difference
Optometrist $61.25$99.7838.6%
Doctor $138.88$105.0332.2%
Dentist $85.52$88.703.6%
Ibuprofen $9.22$9.412.0%
Lipitor $320.38$298.507.3%

Housing

ItemMackinac IslandNational avg.Difference
Home Price $378,600.00$175,700.00115.5%
Avg. Mortgage Payment $907.91$1,081.0316.0%
Apartment Rent $717.00$920.0022.1%

Transportation

ItemMackinac IslandNational avg.Difference
Gasoline $2.01$2.093.9%
Tire Balancing $56.00$45.2923.7%

Utilities

ItemMackinac IslandNational avg.Difference
All Electricity$169.27$170.800.9%
Phone $35.98$28.2627.3%
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.
Cheboygan, MI4,80183-17%
St. Ignace, MI2,61589-11%
Carp Lake, MI47489-11%
Mackinaw City, MI71994-6%
Mackinac Island, MI60012222%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Neosho, WI60099-1%
Canton, OK60081-19%
Naknek, AK60012525%
Clarks Grove, MN60082-18%
Brooks, GA60011515%
Mackinac Island, MI60012222%
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 2015.