Carney 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.
IndexCarneyMichiganNational
Cost of living index8288100
IndexCarneyMichiganNational
Goods & Services index9293100
Groceries index9291100
Health care index10694100
Housing index5074100
Transportation index98103100
Utilities index10691100

Did you know?

  • The cost of living in Carney is 7% lower than the Michigan average.
  • The cost of living in Carney is 18% lower than the national average.
  • The cost of housing in Carney is 50% 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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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$41,964$3,497$979$1,259
Renters$21,250$1,771$496$638

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

ItemCarneyNational avg.Difference
Haircut $9.94$16.0938.2%
Beauty Salon $21.00$37.3343.8%
Toothpaste $1.74$2.4528.7%
Shampoo $0.80$1.0019.7%
Movie $10.45$10.281.7%
Bowling $2.57$4.9347.8%

Groceries

ItemCarneyNational avg.Difference
Ground Beef $3.99$3.805.0%
Fried Chicken $1.29$1.407.7%
Milk $1.70$2.0115.3%
Potatoes $1.52$3.0149.6%
Pizza $10.32$9.894.4%
Beer $7.74$8.9013.0%

Health Care

ItemCarneyNational avg.Difference
Optometrist $57.56$102.1643.7%
Doctor $138.84$108.3628.1%
Dentist $91.99$92.530.6%
Ibuprofen $8.81$9.285.0%
Lipitor $438.10$425.822.9%

Housing

ItemCarneyNational avg.Difference
Home Price $79,500.00$184,700.0057.0%
Avg. Mortgage Payment $1,012.37$1,202.4415.8%
Apartment Rent $631.00$949.0033.5%

Transportation

ItemCarneyNational avg.Difference
Gasoline $2.20$2.241.8%
Tire Balancing $45.78$46.291.1%

Utilities

ItemCarneyNational avg.Difference
All Electricity$150.41$165.969.4%
Phone $35.86$28.6825.0%
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.
Daggett, MI20980-20%
Powers, MI46780-20%
Stephenson, MI1,00481-19%
Carney, MI20482-18%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Easton, MN20482-18%
Bakerhill, AL20474-26%
Snoqualmie Pass, WA20415151%
Norcatur, KS20472-28%
Elm Grove, OK20491-9%
Carney, MI20482-18%
Source: The Carney, MI cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.