Cost of Living in Breckenridge, MI

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17%
Overall NAT. AVG.
1%
Groceries NAT. AVG.
49%
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 Breckenridge Michigan National
Cost of living8391100
Groceries9998100
Health care9697100
Housing5176100
Transportation9496100
Utilities99100100
Lifestyle & Entertainment9596100
Household Items10098100
Education & Childcare10095100
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Homes For Sale In Breckenridge, MI

property for sale

5206 E Monroe RD

Bethany Township, MI
property for sale

5206 E Monroe Rd

Breckenridge, MI
property for sale

505 Eaton St

Breckenridge, MI
property for sale

2041 W Pine River Rd

Breckenridge, MI

Cost Of Living Quick Facts

  • The cost of living in Breckenridge is 8% lower than the Michigan average
  • The cost of living in Breckenridge is 17% lower than the national average
  • Breckenridge housing is 49% 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

Most Affordable Places to Live in and Around Breckenridge

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      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
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      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$91,840$7,653$2,143$2,755
      Renters$43,285$3,607$1,010$1,299

      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.
      Merrill, MI8698317.2%
      Alma, MI9,1878415.8%
      St. Louis, MI7,3168515.2%
      Ithaca, MI2,9238514.7%
      Hemlock, MI1,0818812.4%
      Breckenridge, MI1,4728316.5%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Caledonia, MI1,4721021.7%
      Tryon, NC1,4721043.6%
      Elkhart, TX1,4728613.6%
      River Hills, WI1,47214241.8%
      Estevan No. 5, SK1,472n/a 
      Breckenridge, MI1,4728316.5%
      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.
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