Sault Ste. Marie 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.
IndexSault Ste. MarieMichiganNational
Cost of living index8289100
IndexSault Ste. MarieMichiganNational
Goods & Services index9394100
Groceries index9194100
Health care index104100100
Housing index5173100
Transportation index103101100
Utilities index10396100
The above illustration supplies generalized information for the Sault Ste. Marie, MI cost of living index. Compared to other cities in Michigan and cities across the country, the cost of living index in Sault Ste. Marie, MI is 82, which is 7% lower than the Michigan average and 18% 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 Sault Ste. Marie, MI are 2% lower than the average for Michigan and 7% lower than the rest of the country.

Did you know?

  • The cost of living in Sault Ste. Marie is 7% lower than the Michigan average.
  • The cost of living in Sault Ste. Marie is 18% lower than the national average.
  • The cost of housing in Sault Ste. Marie is 49% 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 Sault Ste. Marie, MI Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
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Health care index
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The salary calculator allows you to compare how much your current salary in Sault Ste. Marie, 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 Sault Ste. Marie, MI, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Sault Ste. Marie, 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$47,788$3,982$1,115$1,434
Renters$20,070$1,673$468$602
How much of your monthly income goes to housing can tell you whether or not you can afford housing in Sault Ste. Marie, MI, as well as what the average cost of living is. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payment and not more than 36 percent of income on all expenses and debts. In Sault Ste. Marie, MI homeowners have a median income of $47,788. Using that number, you will come up with a maximum of $1,115 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $20,070, which means there is a maximum of $468 to be spent on the costs of renting a home or apartment.

Michigan Sales Tax

StateGeneral Sales TaxWith Max Surtax
Michigan6%6%

Michigan Income Tax

StateIncome Tax (Low)Income Tax (High)
Michigan4.25%4.25%
When considering the overall cost of living expenses in Sault Ste. Marie, MI, it's important to take into account the sales tax for Michigan, as well as the rate for income tax in Michigan. Goods and services sold to consumers in any state have some form of sales tax. Each state has its own tax code, which means that sales tax rates vary from state to state, ranging from over 7% in some states to as low as 0% in others. The maximum surtax for Michigan is 6%, and the sales tax in the state of Michigan is 6%. Alternatively, the tax imposed on your income by the state government is known as income tax. The rate for this tax also varies from state to state, and your rate is affected by your tax bracket, which is determined by your level of income. Income tax rates might be as high as 9%, down to as low as 0%. The range for income tax rates in Michigan starts from 4.25% and goes up to 4.25%.

Goods & Services

ItemSault Ste. MarieNational avg.Difference
Haircut $9.88$15.5636.5%
Beauty Salon $23.75$36.1134.2%
Toothpaste $1.51$2.4739.0%
Shampoo $0.90$0.966.9%
Movie $10.06$10.130.6%
Bowling $2.60$4.7445.1%

Groceries

ItemSault Ste. MarieNational avg.Difference
Ground Beef $3.85$3.983.3%
Fried Chicken $1.42$1.410.6%
Milk $1.66$2.0619.5%
Potatoes $1.78$2.9840.5%
Pizza $8.97$9.475.4%
Beer $7.44$8.7915.4%

Health Care

ItemSault Ste. MarieNational avg.Difference
Optometrist $60.59$101.0440.0%
Doctor $138.70$107.4429.1%
Dentist $86.47$90.424.4%
Ibuprofen $9.33$9.280.6%
Lipitor $438.22$426.502.7%

Housing

ItemSault Ste. MarieNational avg.Difference
Home Price $78,300.00$175,700.0055.4%
Avg. Mortgage Payment $877.86$1,133.2322.5%
Apartment Rent $610.00$920.0033.7%

Transportation

ItemSault Ste. MarieNational avg.Difference
Gasoline $1.96$1.991.6%
Tire Balancing $51.31$45.7612.1%

Utilities

ItemSault Ste. MarieNational avg.Difference
All Electricity$145.56$163.8111.1%
Phone $34.63$28.3922.0%
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, StatePopulationCost of Living IndexNational Avg.
Sault Ste. Marie, MI14,12182-18%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Dentsville, SC14,12295-5%
Washington Court House, OH14,12385-15%
Chubbuck, ID14,11791-9%
Hickory Hills, IL14,11711010%
Fairview, NJ14,12615151%
Sault Ste. Marie, MI14,12182-18%
Source: The Sault Ste. Marie, MI cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.