Menominee 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 index8489100
Goods & Services index9795100
Groceries index9192100
Health care index10796100
Housing index4773100
Transportation index10397100
Utilities index111100100
An overview of the general cost of living index for Menominee, MI is displayed above for your reference. Residents in Menominee, MI enjoy a cost of living index of 84. This index is 6% lower than the Michigan average, and 16% lower than the national average. The following categories are used when determining the cost of living index for any given city: health care (5%), transportation (9%), utilities (10%), groceries (13%), housing (30%), and goods/services (33%). Clearly, housing and goods/services make up the majority of the formula for calculating the cost of living index. Because of this, the general cost of living for any given area can be estimated by looking at the cost of everyday goods in that area. For those living in Menominee, MI, the average cost of goods and services is 2% higher than it is in Michigan, and it is 3% lower than the national average.

Did you know?

  • The cost of living in Menominee is 6% lower than the Michigan average.
  • The cost of living in Menominee is 16% lower than the national average.
  • The cost of housing in Menominee is 53% 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.

Find Real Estate Listings In Menominee


New Real Estate Listings In Menominee

Compare Menominee, 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
The salary calculator allows you to compare how much your current salary in Menominee, MI would be worth in another city. In other words, the salary calculator will adjust the figure you enter for cost of living so that you can determine how much more or much less you would need to earn while maintaining your current quality of living. If you are considering relocating to a more expensive city than Menominee, MI, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Menominee, MI salary calculator is easy to use. All you do is enter the name of another city, then move the slider to your current income. After that, the salary calculator will crunch the numbers for you and give you the information you need about the place you are considering going. Additionally, it will show a detailed breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
One can approximate the cost of living and the housing affordability in Menominee, 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 Menominee, MI have a median income of $42,114. Therefore, the amount that a consumer should spend on housing costs should be no more than $983 per month to avoid calamity and poverty. The renters in the city have an income of about $19,291, which would make their monthly maximum allowable rental costs $450.

Michigan Sales Tax

StateGeneral Sales TaxWith Max Surtax

Michigan Income Tax

StateIncome Tax (Low)Income Tax (High)
When you are determining the total cost of living in Menominee, MI you will want to make sure you consider both the Michigan sales tax and the Michigan income tax rates. Sales tax come in the form of taxes levied on both services and goods that are sold. The sales tax rates are different state to state and range from zero sales tax to higher than 7%. The sales tax in Michigan is 6%, with the highest surtax being 6%. Tax that is on income by the government is income tax. Different states have different income tax rates and these rates can be higher or lower dependent on the corresponding tax bracket. The state income tax rates are different state to state and range from no income tax to more than 9% income tax. The income tax rates in Michigan have a range from 4.25% to 4.25%.

Goods & Services

ItemMenomineeNational 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%


ItemMenomineeNational 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

ItemMenomineeNational 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%


ItemMenomineeNational avg.Difference
Home Price $76,500.00$175,700.0056.5%
Avg. Mortgage Payment $907.91$1,081.0316.0%
Apartment Rent $522.00$920.0043.3%


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


ItemMenomineeNational 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.
Marinette, WI10,89085-15%
Peshtigo, WI3,48187-13%
Menominee, MI8,51684-16%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
University of Virginia, VA8,51511313%
Cortez, CO8,51592-8%
Beverly Hills, FL8,51885-15%
Closter, NJ8,51918484%
New Windsor, NY8,52012424%
Menominee, MI8,51684-16%
Source: The Menominee, MI cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.