Cost of Living in Hastings, MI

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11%
Overall NAT. AVG.
5%
Groceries NAT. AVG.
27%
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 Hastings Michigan National
Cost of living8991100
Groceries9598100
Health care9697100
Housing7376100
Transportation9396100
Utilities102100100
Lifestyle & Entertainment9796100
Household Items9698100
Education & Childcare9195100
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Homes For Sale In Hastings, MI

property for sale

529 N Michigan Ave

Hastings, MI
property for sale

V/L Highway

Hastings, MI
property for sale

V/L W Quimby Rd

Hastings, MI
property for sale

300 Bethany Dr

Hastings, MI
See the Newest Homes For Sale In Hastings, MI

Cost Of Living Quick Facts

  • The cost of living in Hastings is 2% lower than the Michigan average
  • The cost of living in Hastings is 11% lower than the national average
  • Hastings housing is 27% 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 Hastings

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Compare Hastings, 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$80,825$6,735$1,886$2,425
      Renters$43,651$3,638$1,018$1,310
      The percentage of monthly income spent on housing related expenses can help predict the affordability of housing in Hastings, MI, as well as what the overall cost of living might be. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payments and not more than 36 percent of income on all expenses and debts. In Hastings, homeowners have a median income of $80,825. Using that number, a maximum of $1,886 per month should be allocated to housing expenses. For those who are renting instead of owning, the median income is $43,651, which means there is a maximum of $1,018 to be spent on the costs of renting a home or apartment.

      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.
      Nashville, MI1,4958317.3%
      Bellevue, MI1,1858415.9%
      Vermontville, MI7248514.9%
      Lake Odessa, MI2,2518613.7%
      Woodland, MI5518613.6%
      Hastings, MI7,5648911.3%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Mills River, NC7,56311414.1%
      Old Jefferson, LA7,5651032.5%
      Carneys Point, NJ7,565964.2%
      Chibougamau, QC7,561n/a 
      Steele Creek, AK7,56712019.6%
      Hastings, MI7,5648911.3%
      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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