New Buffalo 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.
IndexNew BuffaloMichiganNational
Cost of living index9789100
IndexNew BuffaloMichiganNational
Goods & Services index8895100
Groceries index9092100
Health care index9296100
Housing index11173100
Transportation index11297100
Utilities index84100100

Did you know?

  • The cost of living in New Buffalo is 9% higher than the Michigan average.
  • The cost of living in New Buffalo is 3% lower than the national average.
  • The cost of housing in New Buffalo is 11% 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 New Buffalo, MI Cost of living To Other Cities

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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$56,058$4,672$1,308$1,682
Renters$29,265$2,439$683$878

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

ItemNew BuffaloNational avg.Difference
Haircut $16.50$14.5913.1%
Beauty Salon $29.00$34.6816.4%
Toothpaste $2.03$2.4717.9%
Shampoo $0.88$1.0213.9%
Movie $8.15$9.8717.4%
Bowling $3.31$4.3924.6%

Groceries

ItemNew BuffaloNational avg.Difference
Ground Beef $4.39$4.481.9%
Fried Chicken $1.54$1.465.2%
Milk $1.95$2.3617.3%
Potatoes $2.68$3.0612.5%
Pizza $8.99$9.242.7%
Beer $8.45$8.632.1%

Health Care

ItemNew BuffaloNational avg.Difference
Optometrist $104.33$99.784.6%
Doctor $108.67$105.033.5%
Dentist $81.00$88.708.7%
Ibuprofen $8.24$9.4112.5%
Lipitor $229.33$298.5023.2%

Housing

ItemNew BuffaloNational avg.Difference
Home Price $213,000.00$175,700.0021.2%
Avg. Mortgage Payment $883.48$1,081.0318.3%
Apartment Rent $789.00$920.0014.2%

Transportation

ItemNew BuffaloNational avg.Difference
Gasoline $2.61$2.0924.9%
Tire Balancing $34.00$45.2924.9%

Utilities

ItemNew BuffaloNational avg.Difference
All Electricity$137.40$170.8019.6%
Phone $25.01$28.2611.5%
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.
Galien, MI53880-20%
Baroda, MI82484-16%
Hudson Lake, IN1,40981-19%
La Porte, IN22,15381-19%
New Troy, MI55882-18%
New Buffalo, MI1,89097-3%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Pine Mountain Club, CA1,8901088%
Webster, SD1,89082-18%
Bristol, IN1,88985-15%
Potomac Park, MD1,88992-8%
Panguitch, UT1,89192-8%
New Buffalo, MI1,89097-3%
Source: The New Buffalo, MI cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.