Cost Of Living in Bear Lake village, MI

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19%

Overall NAT. AVG.

1%

Groceries NAT. AVG.

57%

Housing NAT. AVG.

Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.

The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index	Bear Lake village	Michigan	National
Cost of living	81	91	100
Groceries	99	98	100
Health care	96	97	100
Housing	43	76	100
Transportation	94	96	100
Utilities	99	100	100
Lifestyle & Entertainment	95	96	100
Household Items	100	98	100
Education & Childcare	100	95	100

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Cost Of Living Quick Facts

The cost of living in Bear Lake village is 11% lower than the Michigan average
The cost of living in Bear Lake village is 19% lower than the national average
Bear Lake village housing is 57% lower than the national average
Michigan general sales tax is 18% higher than the national average
Michigan state income tax is 64% higher than the national average

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Price difference in compared to

Cost of living index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
Lifestyle index
Household index
Educare index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$49,182	$4,099	$1,148	$1,476
Renters	$37,150	$3,096	$867	$1,115

Michigan Sales Tax

State	General Sales Tax	With Max Surtax
Michigan	6%	6%

Michigan Income Tax

State	Income Tax (Low)	Income Tax (High)
Michigan	4.25%	4.25%

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Kalkaska, MI	2,295	84	15.8%
Grayling, MI	2,042	85	15.2%
Mancelona, MI	1,769	85	15.1%
Bear Lake, MI	386	85	15.0%
Lakes of the North, MI	1,007	89	10.6%
Bear Lake village, MI	267	81	18.8%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Gordon, AL	267	79	21.1%
Valle, AZ	267	102	2.4%
Grand Lake, CO	267	118	17.6%
New Canton, IL	267	80	20.4%
New Holland, IL	267	84	16.4%
Bear Lake village, MI	267	81	18.8%