Cost of Living in Port Hope, MI

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15%
Overall NAT. AVG.
2%
Groceries NAT. AVG.
46%
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 Port Hope Michigan National
Cost of living8591100
Groceries9898100
Health care9997100
Housing5476100
Transportation9596100
Utilities100100100
Lifestyle & Entertainment9496100
Household Items9798100
Education & Childcare10095100
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Homes For Sale In Port Hope, MI

property for sale

2904 N Lakeshore Rd

Port Hope, MI
property for sale

3948 Ferdinand Dr

Port Hope, MI
property for sale

4656 Stoddard Rd

Port Austin, MI
property for sale

7247 Timber Trl

Port Hope, MI

Cost Of Living Quick Facts

  • The cost of living in Port Hope is 7% lower than the Michigan average
  • The cost of living in Port Hope is 15% lower than the national average
  • Port Hope housing is 46% 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 Port Hope

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      Salary Calculator

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      Price difference in compared to
      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$59,815$4,985$1,396$1,795
      Renters$37,161$3,097$867$1,115

      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.
      Kinde, MI4888218.2%
      Harbor Beach, MI1,9058317.5%
      Bad Axe, MI3,0188416.2%
      Port Austin, MI6338910.5%
      Port Hope, MI2468515.5%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Fredonia (Biscoe), AR2467921.0%
      Anchor, IL2468713.0%
      Kingston Mines, IL2468515.2%
      McNabb, IL2469010.5%
      Menominee, IL2461011.1%
      Port Hope, MI2468515.5%
      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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