Cost of Living in Indian River, MI

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A+
6%
Overall NAT. AVG.
1%
Groceries NAT. AVG.
12%
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 Indian River Michigan National
Cost of living9491100
Groceries9998100
Health care9697100
Housing8876100
Transportation9496100
Utilities99100100
Lifestyle & Entertainment9596100
Household Items10098100
Education & Childcare10095100
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Homes For Sale In Indian River, MI

property for sale

4596 Onaway Rd

Indian River, MI
property for sale

2.1 acres Club Rd

Indian River, MI
property for sale

5001 Big Sky Trl

Indian River, MI
property for sale

6308 E Dorothy Ave

Indian River, MI

Cost Of Living Quick Facts

  • The cost of living in Indian River is 4% higher than the Michigan average
  • The cost of living in Indian River is 6% lower than the national average
  • Indian River housing is 12% 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 Indian River

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      Salary Calculator

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      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$82,288$6,857$1,920$2,469
      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.
      Ponshewaing, MI32972.5%
      Bay View, MI182972.5%
      Levering, MI104972.5%
      Oden, MI4738317.4%
      Cheboygan, MI4,9068515.3%
      Indian River, MI2,077945.5%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Tchula, MS2,0777822.0%
      Walnutport, PA2,0771000.2%
      Appomattox, VA2,077927.8%
      Greentown, IN2,0788713.4%
      Elsberry, MO2,0788613.7%
      Indian River, MI2,077945.5%
      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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