Cost Of Living in Oakley, MI

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

Get Access to 300+ Local Data Points

A+

20%

Overall NAT. AVG.

5%

Groceries NAT. AVG.

57%

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	Oakley	Michigan	National
Cost of living	80	91	100
Groceries	95	98	100
Health care	95	97	100
Housing	43	76	100
Transportation	98	96	100
Utilities	102	100	100
Lifestyle & Entertainment	94	96	100
Household Items	97	98	100
Education & Childcare	90	95	100

Does this Area Fit Your Budget?

Know the community before you call it home
Compare multiple areas side by side
Access over 300 data points for any address

GET REPORT →

Homes For Sale In Oakley, MI

17790 Peet Rd

Oakley, MI

18000 S Raucholz Rd

Oakley, MI

Cost Of Living Quick Facts

The cost of living in Oakley is 12% lower than the Michigan average
The cost of living in Oakley is 20% lower than the national average
Oakley housing is 57% 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 Oakley

See all the best places to live around Oakley

Compare Oakley, MI Cost of Living

Write a review to give others more information about this area.

See all Oakley poll results

The best places in Michigan

Here are the best places to live in Michigan

Most Dangerous States In The US

See the best places to live in Oakley

These are the largest cities 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	$53,159	$4,430	$1,240	$1,595
Renters	$69,679	$5,807	$1,626	$2,091

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.
Middletown, MI	867	80	20.0%
Ovid, MI	1,606	83	16.9%
St. Charles, MI	2,152	82	17.5%
Vernon, MI	514	82	17.8%
Chesaning, MI	2,443	83	16.8%
Oakley, MI	293	80	19.9%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Madrid, AL	293	87	13.0%
Carl, GA	293	116	16.5%
Iroquois, IL	293	86	14.0%
Anthoston, KY	293	87	13.1%
Mentor, KY	293	93	7.5%
Oakley, MI	293	80	19.9%