Cost of Living in New Lothrop, MI

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12%
Overall NAT. AVG.
1%
Groceries NAT. AVG.
29%
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 New Lothrop Michigan National
Cost of living8891100
Groceries9998100
Health care9397100
Housing7176100
Transportation9296100
Utilities97100100
Lifestyle & Entertainment9796100
Household Items9498100
Education & Childcare9095100
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Homes For Sale In New Lothrop, MI

property for sale

Reed Rd

New Lothrop, MI
property for sale

9807 Oak Ridge Rd

New Lothrop, MI
property for sale

Old Timber Trl

New Lothrop, MI
property for sale

Old Timber Trl

New Lothrop, MI

Cost Of Living Quick Facts

  • The cost of living in New Lothrop is 4% lower than the Michigan average
  • The cost of living in New Lothrop is 12% lower than the national average
  • New Lothrop housing is 29% 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 New Lothrop

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Compare New Lothrop, MI Cost of Living

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      Groceries index
      Health care index
      Housing index
      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$108,017$9,001$2,520$3,241
      Renters$42,799$3,567$999$1,284

      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.
      Beecher, MI9,4467723.0%
      Flint, MI99,4367722.9%
      Oakley, MI2938019.9%
      Middletown, MI8678020.0%
      Mount Morris, MI2,9128119.2%
      New Lothrop, MI6558812.4%

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      Norphlet, AR6558514.8%
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      Swea City, IA6558020.0%
      Addison, MI6558514.9%
      New Lothrop, MI6558812.4%
      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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