Fenton, MI Cost Of Living

The latest cost of living statistics for Fenton. Includes statistics on rent, mortgages, healthcare, and other costs for Fenton compared to the state and national averages.

Cost of living in Fenton, Michigan

Cost of living in Fenton research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Fenton is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Michigan, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

95 Cost of living index 0.9x lower vs US
#107 Cheapest in Michigan (of 179)
#1,818 Cheapest in the U.S. (of 6,489)
$355,969 Median home value
$1,275 Median rent
$80,000 Median income
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What is the cost of living in Fenton, MI?

According to the most recent data on the cost of living, Fenton has an overall cost of living index of 95, which is 0.9x lower than the national index of 100.

Compared to Michigan, Fenton has a cost of living index that's 1.0x higher than Michigan's index of 91.

The standard of living in Fenton ranks as #107 most affordable out of the 179 places we measured in Michigan. By definition, that implies Fenton ranks as the #72 most expensive place in the Wolverine State.

For more reading on life in Fenton, check out:

Fenton Cost Of Living Vs. Michigan

Six factors go into calculating the cost of living index in Fenton. Here is how it fares on each of the criteria:

  • The Services index in Fenton is 99.

  • The Groceries index in Fenton is 95.

  • The Health index in Fenton is 93.

  • The Housing index in Fenton is 93.

  • The Transportation index in Fenton is 98.

  • The Utilities index in Fenton is 98.

Living Expense Fenton Michigan National Average
Overall 95 91 100
Services 99 97 100
Groceries 95 98 100
Health 93 75 100
Housing 93 98 100
Transportation 98 101 100
Utilities 98 98 100

Fenton Cost Of Living Compared To Michigan Averages

Services
Fenton 99
Michigan avg 97
Groceries
Fenton 95
Michigan avg 98
Health
Fenton 93
Michigan avg 75
Housing
Fenton 93
Michigan avg 98
Transportation
Fenton 98
Michigan avg 101
Utilities
Fenton 98
Michigan avg 98

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around Michigan, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

Fenton, MI Housing Cost Breakdown

$355,969Median Home Value
$1,275Median Rent
$80,000Median Income

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 Fenton is $355,969.

  • The Median Rent in Fenton is $1,275.

  • The Median Income in Fenton is $80,000.

  • The Home Value To Income in Fenton is 4.4x.

  • The Rent To Monthly Income in Fenton is 0.19x.

Statistic Fenton Michigan United States
Median Home Value $355,969 $259,857 $332,700
Median Rent $1,275 $1,129 $1,413
Median Income $80,000 $72,875 $80,734
Home Value To Income 4.4x 3.6x 4.1x
Rent To Monthly Income 0.19x 0.19x 0.21x

Fenton, MI Costs By Category

Detailed Fenton Services costs vs. Michigan
Item Fenton Michigan
Shampoo $1.13 $1.28
Movie $12.99 $12.13
Bowling $12.33 $18
Haircut $16.8 $24.26
Beauty Salon $24.78 $45.56
Detailed Fenton Groceries costs vs. Michigan
Item Fenton Michigan
Ground Beef $5.75 $5.84
Fried Chicken $1.41 $1.57
Milk $4.78 $4.67
Potatoes $4.8 $4.93
Pizza $8.99 $12.09
Beer $9.04 $10.41
Toothpaste $3.66 $3.7
Detailed Fenton Health costs vs. Michigan
Item Fenton Michigan
Optometrist $85.0 $125.68
Doctor $103.33 $135.78
Dentist $91.0 $113.29
Detailed Fenton Transportation costs vs. Michigan
Item Fenton Michigan
Gasoline $3.35 $3.46
Tire Balancing $56.0 $59.92
Detailed Fenton Utilities costs vs. Michigan
Item Fenton Michigan
All Electricity $219.2 $193.99
Phone $184.44 $192.25

Fenton SnackAbility

8Overall SnackAbility
Jobs 7/10
Housing 8/10
Affordability 8/10
Diversity 5/10
Safety 7/10
Amenities 8.5/10
Education 8.5/10
Commute 4/10

Cost Of Living In Cities Around Fenton

The cost of living varies in the cities and towns around Fenton. Here's a quick look at the cost of living in the most populous nearby places:

  • Burton, MI has a cost of living index of 86, 0.9x Fenton.

  • Howell, MI has a cost of living index of 95, 1.0x Fenton.

  • Flushing, MI has a cost of living index of 88, 0.9x Fenton.

City Population Cost Of Living Vs. Fenton
Burton, MI 29,500 86 0.9x
Howell, MI 10,021 95 1.0x
Flushing, MI 8,284 88 0.9x
Grand Blanc, MI 7,987 96 1.0x
Brighton, MI 7,688 104 1.1x
Milford, MI 6,487 108 1.1x
Lake Fenton, MI 6,417 106 1.1x
Holly, MI 5,964 90 0.9x
Swartz Creek, MI 5,853 89 0.9x
Davison, MI 5,076 90 0.9x