Norton Shores 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.
IndexNorton ShoresMichiganNational
Cost of living index9089100
IndexNorton ShoresMichiganNational
Goods & Services index10195100
Groceries index9492100
Health care index9596100
Housing index7073100
Transportation index9797100
Utilities index96100100
The above illustration supplies generalized information for the Norton Shores, MI cost of living index. Compared to other cities in Michigan and cities across the country, the cost of living index in Norton Shores, MI is 90, which is 1% higher than the Michigan average and 10% lower than that for the entire country. The index is comprised of the following criteria: cost of retail goods and services (33%), groceries (13%), health care (5%), housing (30%), cost of public/private transportation (9%) and utilities (10%). Everyday goods and services, along with housing account for 63 percent of the total cost of living index. Goods and services that are a necessity regardless of location provide an accurate general sense of the cost of living in one city versus another. As seen above, the cost of retail goods and services in Norton Shores, MI are 6% higher than the average for Michigan and 1% higher than the rest of the country.

Did you know?

  • The cost of living in Norton Shores is 1% higher than the Michigan average.
  • The cost of living in Norton Shores is 10% lower than the national average.
  • The cost of housing in Norton Shores is 30% 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.

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Compare Norton Shores, MI Cost of living To Other Cities

Salary Calculator

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Health care index
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The salary calculator allows you to compare how much your current salary in Norton Shores, 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 Norton Shores, MI, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Norton Shores, 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)
Owners$54,410$4,534$1,269$1,632
Renters$29,562$2,464$690$887
The affordability of the housing market in Norton Shores, MI as well as the overall cost of living can be indicated accurately by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should ever be used on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Norton Shores, MI homeowners, the median income is $54,410. This indicates that a monthly maximum of $1,269 should be spent by homeowners on all housing related costs. Renters have a median income of $29,562. This indicates that renters should have a maximum of $690 used for their rent related monthly costs.

Michigan Sales Tax

StateGeneral Sales TaxWith Max Surtax
Michigan6%6%

Michigan Income Tax

StateIncome Tax (Low)Income Tax (High)
Michigan4.25%4.25%
When assessing the complete cost of living in Norton Shores, MI, the Michigan income tax and the Michigan sales tax percentages should unquestionably be taken into consideration. Sales taxes aren't just levies imposed onto sold goods, but they also include taxes that are charged when services are provided for a fee. The rates are different from state to state and can run has high as 7 percent. Some states have no sales tax at all. The Michigan maximum surtax is 6%, and the Michigan sales tax is 6%. By contrast, income tax is an unfortunate obligation that is charged by the government against earnings. Just like sales taxes, the rates for income taxes differ from state to state. They also decrease or increase according to the individual's tax bracket. Tax rates can run as high as 9 percent, with a minimum of zero. Income tax rates range from 4.25% to 4.25% in Michigan.

Goods & Services

ItemNorton ShoresNational avg.Difference
Haircut $16.00$14.599.6%
Beauty Salon $35.00$34.680.9%
Toothpaste $1.72$2.4730.5%
Shampoo $0.98$1.024.1%
Movie $10.15$9.872.9%
Bowling $4.27$4.392.8%

Groceries

ItemNorton ShoresNational avg.Difference
Ground Beef $4.49$4.480.3%
Fried Chicken $1.19$1.4618.7%
Milk $2.45$2.364.0%
Potatoes $2.82$3.067.9%
Pizza $8.96$9.243.1%
Beer $9.04$8.634.7%

Health Care

ItemNorton ShoresNational avg.Difference
Optometrist $84.50$99.7815.3%
Doctor $94.00$105.0310.5%
Dentist $79.67$88.7010.2%
Ibuprofen $8.48$9.419.9%
Lipitor $342.99$298.5014.9%

Housing

ItemNorton ShoresNational avg.Difference
Home Price $111,400.00$175,700.0036.6%
Avg. Mortgage Payment $849.65$1,081.0321.4%
Apartment Rent $793.00$920.0013.8%

Transportation

ItemNorton ShoresNational avg.Difference
Gasoline $1.95$2.096.8%
Tire Balancing $48.00$45.296.0%

Utilities

ItemNorton ShoresNational avg.Difference
All Electricity$159.83$170.806.4%
Phone $27.99$28.260.9%
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.
Muskegon Heights, MI10,80780-20%
Muskegon, MI37,82282-18%
Lakewood Club, MI1,20086-14%
Roosevelt Park, MI3,81786-14%
Ravenna, MI1,19388-12%
Norton Shores, MI23,94190-10%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Mint Hill, NC23,9341022%
Colleyville, TX23,92814141%
Prior Lake, MN23,95611616%
Calabasas, CA23,956201101%
Corsicana, TX23,96891-9%
Norton Shores, MI23,94190-10%
Source: The Norton Shores, MI cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.