Cost of Living in Colon, MI

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14%
Overall NAT. AVG.
4%
Groceries NAT. AVG.
44%
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 Colon Michigan National
Cost of living8691100
Groceries9698100
Health care9897100
Housing5676100
Transportation10096100
Utilities102100100
Lifestyle & Entertainment10096100
Household Items9898100
Education & Childcare9595100
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Homes For Sale In Colon, MI

property for sale

33291 Maryann Dr

Colon, MI
property for sale

33273 E Palmer Lake Rd

Colon, MI
property for sale

804 E State St

Colon, MI
property for sale

3741 N Blackstone Ave

Colon, MI

Cost Of Living Quick Facts

  • The cost of living in Colon is 6% lower than the Michigan average
  • The cost of living in Colon is 14% lower than the national average
  • Colon housing is 44% 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 Colon

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Compare Colon, MI Cost of Living

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      Cost of living index
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      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$74,974$6,248$1,749$2,249
      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.
      Sherwood, MI5238020.3%
      Burr Oak, MI8178317.2%
      Burlington, MI3078118.5%
      Bronson, MI2,1318416.0%
      Union City, MI1,7718217.8%
      Colon, MI1,1708614.5%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      New Brockton, AL1,170909.8%
      Foreman, AR1,1707723.0%
      Rison, AR1,1708217.6%
      Greenwood, DE1,170991.4%
      Valley Falls, KS1,1708514.6%
      Colon, MI1,1708614.5%
      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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