What is the cost of living in Albion, MI?
According to the most recent data on the cost of living, Albion has an overall cost of living index of 83, which is 0.8x lower than the national index of 100.
Compared to Michigan, Albion has a cost of living index that's 0.9x lower than Michigan's index of 91.
The standard of living in Albion ranks as #17 most affordable out of the 179 places we measured in Michigan. By definition, that implies Albion ranks as the #162 most expensive place in the Wolverine State.
For more reading on life in Albion, check out:
Albion Cost Of Living Vs. Michigan
Six factors go into calculating the cost of living index in Albion. Here is how it fares on each of the criteria:
The Services index in Albion is 99.
The Groceries index in Albion is 97.
The Health index in Albion is 42.
The Housing index in Albion is 99.
The Transportation index in Albion is 102.
The Utilities index in Albion is 94.
| Living Expense | Albion | Michigan | National Average |
|---|---|---|---|
| Overall | 83 | 91 | 100 |
| Services | 99 | 97 | 100 |
| Groceries | 97 | 98 | 100 |
| Health | 42 | 75 | 100 |
| Housing | 99 | 98 | 100 |
| Transportation | 102 | 101 | 100 |
| Utilities | 94 | 98 | 100 |
Albion Cost Of Living Compared To Michigan Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Michigan, check out:
Protect your home budget Compare home warranties in Albion Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Albion, MI Housing Cost Breakdown
Housing swings affordability the most between places in Michigan, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:
The Median Home Value in Albion is $137,319.
The Median Rent in Albion is $775.
The Median Income in Albion is $39,885.
The Home Value To Income in Albion is 3.4x.
The Rent To Monthly Income in Albion is 0.23x.
Albion, MI Costs By Category
Detailed Albion Services costs vs. Michigan
Detailed Albion Groceries costs vs. Michigan
Detailed Albion Health costs vs. Michigan
Detailed Albion Transportation costs vs. Michigan
Albion SnackAbility
Cost Of Living In Cities Around Albion
The cost of living varies in the cities and towns around Albion. Here's a quick look at the cost of living in the most populous nearby places:
Portage, MI has a cost of living index of 96, 1.2x Albion.
Okemos, MI has a cost of living index of 107, 1.3x Albion.
Holt, MI has a cost of living index of 98, 1.2x Albion.
| City | Population | Cost Of Living | Vs. Albion |
|---|---|---|---|
| Portage, MI | 49,259 | 96 | 1.2x |
| Okemos, MI | 26,396 | 107 | 1.3x |
| Holt, MI | 25,316 | 98 | 1.2x |
| Waverly, MI | 23,575 | 99 | 1.2x |
| Haslett, MI | 18,559 | 103 | 1.2x |
| Westwood, MI | 8,867 | 94 | 1.1x |
| Mason, MI | 8,249 | 95 | 1.1x |
| Grand Ledge, MI | 7,804 | 93 | 1.1x |
| Marshall, MI | 6,804 | 91 | 1.1x |
| Comstock Northwest, MI | 5,391 | 94 | 1.1x |
