Cost of Living in Skidway Lake, MI

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20%
Overall NAT. AVG.
1%
Groceries NAT. AVG.
62%
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 Skidway Lake Michigan National
Cost of living8091100
Groceries9998100
Health care9697100
Housing3876100
Transportation9496100
Utilities99100100
Lifestyle & Entertainment9596100
Household Items10098100
Education & Childcare10095100
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Homes For Sale In Skidway Lake, MI

property for sale

4997 Lucinda Dr

Prescott, MI
property for sale

2030 George St

Prescott, MI
property for sale

2030 George St Lot : 35-37

Prescott, MI
property for sale

5110 Lucinda Dr

Prescott, MI

Cost Of Living Quick Facts

  • The cost of living in Skidway Lake is 12% lower than the Michigan average
  • The cost of living in Skidway Lake is 20% lower than the national average
  • Skidway Lake housing is 62% 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 Skidway Lake

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Compare Skidway Lake, MI Cost of Living

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      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$54,242$4,520$1,266$1,627
      Renters$28,330$2,361$661$850

      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.
      Turner, MI1237623.9%
      Whittemore, MI3837821.7%
      Rose City, MI6927920.9%
      Prescott, MI2668217.8%
      Sterling, MI5268317.1%
      Skidway Lake, MI3,3888020.3%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Blountstown, FL3,3889010.1%
      Wewoka, OK3,3887821.6%
      Livingston, AL3,3898811.8%
      Carrollton, OH3,3898614.1%
      Minerva, OH3,3898514.9%
      Skidway Lake, MI3,3888020.3%
      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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