Cost of Living in Chatham, MI

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12%
Overall NAT. AVG.
4%
Groceries NAT. AVG.
34%
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 Chatham Michigan National
Cost of living8891100
Groceries9798100
Health care9697100
Housing6676100
Transportation9996100
Utilities99100100
Lifestyle & Entertainment9496100
Household Items9898100
Education & Childcare10395100
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Homes For Sale In Chatham, MI

property for sale

E3985 Road

Limestone Township, MI
property for sale

26th Rd

Chatham, MI
property for sale

3712 26 Rd

Chatham, MI
property for sale

3338 M-94

Chatham, MI

Cost Of Living Quick Facts

  • The cost of living in Chatham is 3% lower than the Michigan average
  • The cost of living in Chatham is 12% lower than the national average
  • Chatham housing is 34% 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 Chatham

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Compare Chatham, MI Cost of Living

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      Salary Calculator

      This is how much you would need to earn in
      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$78,864$6,572$1,840$2,366
      Renters$0$0$0$0

      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.
      Munising, MI2,0338514.7%
      Chatham, MI1598811.8%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Alicia, AR1597425.6%
      Louann, AR159964.0%
      Crystal Beach, AZ1597326.6%
      Hard Rock, AZ159928.2%
      Pine Flat, CA15911212.5%
      Chatham, MI1598811.8%
      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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