Cost of Living in Laurium, MI

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17%
Overall NAT. AVG.
3%
Groceries NAT. AVG.
52%
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 Laurium Michigan National
Cost of living8391100
Groceries9798100
Health care9997100
Housing4876100
Transportation10096100
Utilities99100100
Lifestyle & Entertainment9796100
Household Items10098100
Education & Childcare9695100
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Homes For Sale In Laurium, MI

property for sale

550 Pewabic St

Laurium, MI
property for sale

440 Kearsarge St

Laurium, MI
property for sale

447 Kearsarge St

Laurium, MI
property for sale

415 Kearsarge St

Laurium, MI

Cost Of Living Quick Facts

  • The cost of living in Laurium is 9% lower than the Michigan average
  • The cost of living in Laurium is 17% lower than the national average
  • Laurium housing is 52% 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 Laurium

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Compare Laurium, MI Cost of Living

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      Salary Calculator

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      Cost of living index
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      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$79,308$6,609$1,850$2,379
      Renters$27,794$2,316$648$834

      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.
      Ahmeek, MI898020.3%
      Calumet, MI8048119.4%
      Copper City, MI2418218.3%
      Lake Linden, MI1,2128218.0%
      South Range, MI5258317.3%
      Laurium, MI1,9608316.9%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Wapello, IA1,9608514.9%
      Como, MS1,9608514.8%
      Palm Valley, TX1,9601032.6%
      Murfreesboro, AR1,9598019.5%
      Toro Canyon, CA1,959343243.0%
      Laurium, MI1,9608316.9%
      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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