Cost of Living in Wayland, MI

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A+
5%
Overall NAT. AVG.
4%
Goods & Services NAT. AVG.
21%
Housing NAT. AVG.
Date & Last Updated: This data reflects 2025 and was released from C2ER in January, 2026; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index Wayland Michigan National
Cost of living9591100
Goods & Services10496100
Groceries9899100
Health care10792100
Housing7976100
Transportation98100100
Utilities9497100
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Homes For Sale In Wayland, MI

property for sale

4257 Old Farm Dr

Wayland, MI
property for sale

4251 Butternut Dr

Wayland, MI
property for sale

1206 Woodland Dr

Wayland, MI
property for sale

3175 Sandy Beach St

Wayland, MI
See the Newest Homes For Sale In Wayland, MI

Cost Of Living Quick Facts

  • The cost of living in Wayland is 4% higher than the Michigan average
  • The cost of living in Wayland is 5% lower than the national average
  • Wayland housing is 21% 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 Wayland

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Compare Wayland, MI Cost of Living

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      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$102,544$8,545$2,393$3,077
      Renters$45,769$3,814$1,068$1,373
      The percentage of monthly income spent on housing related expenses can help predict the affordability of housing in Wayland, MI, as well as what the overall cost of living might be. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payments and not more than 36 percent of income on all expenses and debts. In Wayland, homeowners have a median income of $102,544. Using that number, a maximum of $2,393 per month should be allocated to housing expenses. For those who are renting instead of owning, the median income is $45,769, which means there is a maximum of $1,068 to be spent on the costs of renting a home or apartment.

      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%

      Goods & Services

      Item Wayland National avg. Difference
      Haircut $34.59$27.6225.2%
      Beauty Salon $54.12$51.115.9%
      Toothpaste $4.52$4.0910.4%
      Shampoo $1.31$1.5415.0%
      Movie $12.87$12.880.1%
      Yoga $24.30$19.6623.6%

      Groceries

      Item Wayland National avg. Difference
      Ground Beef $7.48$7.702.9%
      Fried Chicken $1.51$1.669.2%
      Milk $5.00$4.735.6%
      Potatoes $5.06$5.263.7%
      Pizza $11.09$12.7613.1%
      Beer $10.07$10.554.5%

      Health Care

      Item Wayland National avg. Difference
      Optometrist $121.36$140.0613.4%
      Doctor $109.95$153.8228.5%
      Dentist $174.70$123.1541.9%
      Ibuprofen $12.14$11.733.5%
      Lipitor $21.51$23.618.9%

      Housing

      Item Wayland National avg. Difference
      Home Price $249,598.00$326,622.0023.6%
      Avg. Mortgage Payment $2,915.63$2,480.2517.6%
      Apartment Rent $1,250.00$1,444.0013.4%

      Transportation

      Item Wayland National avg. Difference
      Gasoline $3.19$3.064.4%
      Tire Balancing $54.35$65.2116.7%

      Utilities

      Item Wayland National avg. Difference
      All Electricity $203.21$220.127.7%
      Phone $191.43$195.712.2%
      Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Martin, MI4928712.9%
      Allegan, MI5,2138811.6%
      Hopkins, MI860937.4%
      Otsego, MI4,108909.9%
      Delton, MI608919.0%
      Wayland, MI4,349955.5%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Country Lake Estates, NJ4,34811211.6%
      Trenton, TN4,3488415.7%
      Hometown, IL4,350937.3%
      Boulevard Park, WA4,34714141.5%
      Nanaimo H, BC4,347n/a 
      Wayland, MI4,349955.5%
      Date & Last Updated: This data reflects 2025 and was released from C2ER in January, 2026; this is the most current data available.
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