Cost of Living in Hillsdale, MI

Get 300+ Local Insights for Any Address in Hillsdale, MI

Get Access to 300+ Local Data Points
A+
15%
Overall NAT. AVG.
3%
Groceries NAT. AVG.
42%
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 Hillsdale Michigan National
Cost of living8591100
Groceries9898100
Health care9697100
Housing5876100
Transportation9796100
Utilities101100100
Lifestyle & Entertainment9396100
Household Items9898100
Education & Childcare9595100
Does this Area Fit Your Budget? Local Insights Report
  • Know the community before you call it home
  • Compare multiple areas side by side
  • Access over 300 data points for any address
Local Insights Report

Homes For Sale In Hillsdale, MI

property for sale

3331 Mauck Rd

Hillsdale, MI
property for sale

70 Superior St

Hillsdale, MI
property for sale

29 Warren Ave

Hillsdale, MI
property for sale

2922 S Hillsdale Rd

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

Cost Of Living Quick Facts

  • The cost of living in Hillsdale is 6% lower than the Michigan average
  • The cost of living in Hillsdale is 15% lower than the national average
  • Hillsdale housing is 42% 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 Hillsdale

See all the best places to live around Hillsdale

Compare Hillsdale, MI Cost of Living

City Image
    City Default Image
      vs
      How would you rate the cost of living in Hillsdale?
      Write a review to give others more information about this area.
      Is the cost of living increasing or decreasing in Hillsdale?
      Write a review to give others more information about this area.
      See all Hillsdale poll results

      The best places in Michigan

      Here are the best places to live in MichiganCheck out the 10 safest cities in MichiganMost Dangerous Cities In The USSafest Cities In The US
      Best Places in Michigan

      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$99,855$8,321$2,330$2,996
      Renters$39,185$3,265$914$1,176
      A good way to judge both the affordability of the housing and the cost of living in Hillsdale is by simply calculating the maximum that should be spent on housing, otherwise known as the debt-to-income ratio (DTI). The plan is to avoid spending more than 28 percent of the gross income on costs that pertain to housing and no more than 36 percent on all expenses and debts. Hillsdale has a median income of about $99,855 for people who own homes. Based on that number, a maximum of $2,330 should be spent on expenses related to housing. Renters have a slightly different median income, which is $39,185. Based on this average, renters should spend no more than $914 on all rental costs if they want to maintain a non-impoverished standard of living.

      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.
      Reading, MI9918218.3%
      Allen, MI2888218.0%
      Waldron, MI5578217.6%
      Litchfield, MI1,2808316.7%
      Montgomery, MI3688316.7%
      Hillsdale, MI8,3768514.8%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Oak Brook, IL8,37720099.7%
      Summit Park, UT8,37417676.4%
      St. Martin, MS8,380909.8%
      Banff, AB8,380n/a 
      London, KY8,3718811.6%
      Hillsdale, MI8,3768514.8%
      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.
      General
      For Professionals
      Follow Us
      AV on Twitter AV on Facebook
      © AreaVibes Inc. 2010-2026