Manistee, MI Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Manistee, MI Summary

Cost of living in Manistee 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 Manistee 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:

  • The cost of living index in Manistee is 82, with 100 being the average.

  • The cost of living index in Manistee is 0.8x lower than the national average.

  • Manistee ranks as the #25 cheapest in Michigan out of 175.

  • Manistee ranks as the #377 cheapest out of 6,412 in the US.

  • The median home value in Manistee is $121,800.

  • The median income in Manistee is $52,453.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
82
Manistee's Overall Cost Of Living
0.8x
Lower Than The National Average

What is the cost of living in Manistee, MI?

According to the most recent data on the cost of living, Manistee has an overall cost of living index of 82, which is 0.8x lower than the national index of 100.

Compared to Michigan, Manistee has a cost of living index that's 0.9x lower than Michigan's index of 92.

The standard of living in Manistee ranks as #25 most affordable out of the 175 places we measured in Michigan. By definition, that implies Manistee ranks as the #150 most expensive place in the Wolverine State.

For more reading on life in Manistee, check out:

25 out of 175
In Michigan
377 out of 6,412
In America

Manistee Cost Of Living Vs. Michigan

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

  • The Services index in Manistee is 91.

  • The Groceries index in Manistee is 92.

  • The Health index in Manistee is 101.

  • The Housing index in Manistee is 51.

  • The Transportation index in Manistee is 88.

  • The Utilities index in Manistee is 96.

Living Expense Manistee Michigan National Average
Overall 82 92 100
Services 91 96 100
Groceries 92 96 100
Health 101 94 100
Housing 51 80 100
Transportation 88 97 100
Utilities 96 100 100
For more reading on cost of living around Michigan, check out:
Manistee Cost of Living Vs. MI

Manistee, 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 2017-2021. The key points are:

  • The Median Home Value in Manistee is $121,800.

  • The Median Rent in Manistee is $729.

  • The Median Income in Manistee is $52,453.

  • The Home Value To Income in Manistee is 2.3x.

  • The Rent To Monthly Income in Manistee is 0.17x.

Statistic Manistee Michigan United States
Median Home Value $121,800 $172,100 $244,900
Median Rent $729 $946 $1,163
Median Income $52,453 $63,202 $69,021
Home Value To Income 2.3x 2.7x 3.5x
Rent To Monthly Income 0.17x 0.18x 0.2x
Search Homes For Sale In Manistee, MI
$121,800
Median Home Value
$729
Median Rent
$52,453
Median Income

Manistee, MI Costs By Category

Detailed Manistee Services Costs Vs. Michigan

Item Manistee Michigan
Shampoo $0.91 $1.06
Movie $11.37 $10.68
Bowling $12.05 $14.67
Haircut $10.68 $18.62
Beauty Salon $22.7 $39.05

Detailed Manistee Groceries Costs Vs. Michigan

Item Manistee Michigan
Ground Beef $4.64 $4.22
Fried Chicken $1.1 $1.39
Milk $1.93 $2.05
Potatoes $2.89 $3.29
Pizza $10.01 $10.62
Beer $8.19 $9.38
Toothpaste $2.5 $2.34

Detailed Manistee Health Costs Vs. Michigan

Item Manistee Michigan
Optometrist $74.0 $108.57
Doctor $176.5 $116.17
Dentist $81.33 $99.13

Detailed Manistee Transportation Costs Vs. Michigan

Item Manistee Michigan
Gasoline $1.71 $2.22
Tire Balancing $56.2 $50.07

Detailed Manistee Utilities Costs Vs. Michigan

Item Manistee Michigan
All Electricity $160.46 $167.67
Phone $179.44 $175.64

Manistee SnackAbility

7
/10
Overall SnackAbility
Jobs
6/10
Housing
5
Affordability
8.5
Diversity
6
Safety
6
Amenities
8
Education
8
Commute
9.5

Cost Of Living In Cities Around Manistee

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

  • Cadillac, MI has a cost of living index of 82, 1.0x Manistee.

  • Ludington, MI has a cost of living index of 86, 1.0x Manistee.

City Population Cost Of Living Vs. Manistee
Cadillac, MI 10,317 82 1.0x
Ludington, MI 7,728 86 1.0x

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