Menominee, MI Cost Of Living
Cost Of Living In Menominee, MI Summary
Cost of living in Menominee 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 Menominee 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 Menominee is 83, with 100 being the average.
The cost of living index in Menominee is 0.8x lower than the national average.
Menominee ranks as the #23 cheapest in Michigan out of 180.
Menominee ranks as the #306 cheapest out of 6,489 in the US.
The median home value in Menominee is $176,466.
The median income in Menominee is $49,646.
Table Of Contents
Menominee's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Menominee, MI?
According to the most recent data on the cost of living, Menominee has an overall cost of living index of 83, which is 0.8x lower than the national index of 100.
Compared to Michigan, Menominee has a cost of living index that's 0.9x lower than Michigan's index of 90.
The standard of living in Menominee ranks as #23 most affordable out of the 180 places we measured in Michigan. By definition, that implies Menominee ranks as the #157 most expensive place in the Wolverine State.
For more reading on life in Menominee, check out:
In Michigan
In America
Menominee Cost Of Living Vs. Michigan
Six factors go into calculating the cost of living index in Menominee. Here is how it fairs on each of the criteria:
The Services index in Menominee is 97.
The Groceries index in Menominee is 97.
The Health index in Menominee is 94.
The Housing index in Menominee is 51.
The Transportation index in Menominee is 101.
The Utilities index in Menominee is 100.
| Living Expense | Menominee | Michigan | National Average | |
|---|---|---|---|---|
| Overall | 83 | 90 | 100 | |
| Services | 97 | 93 | 100 | |
| Groceries | 97 | 97 | 100 | |
| Health | 94 | 91 | 100 | |
| Housing | 51 | 72 | 100 | |
| Transportation | 101 | 96 | 100 | |
| Utilities | 100 | 99 | 100 | |
Menominee, 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 2019-2023. The key points are:
The Median Home Value in Menominee is $176,466.
The Median Rent in Menominee is $700.
The Median Income in Menominee is $49,646.
The Home Value To Income in Menominee is 3.6x.
The Rent To Monthly Income in Menominee is 0.17x.
Median Home Value
Median Rent
Median Income
Menominee, MI Costs By Category
Detailed Menominee Services Costs Vs. Michigan
Detailed Menominee Groceries Costs Vs. Michigan
Detailed Menominee Health Costs Vs. Michigan
Detailed Menominee Transportation Costs Vs. Michigan
Detailed Menominee Utilities Costs Vs. Michigan
Menominee SnackAbility
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Cost Of Living In Cities Around Menominee
The cost of living varies in the cities and towns around Menominee. Here's a quick look at the cost of living in the most populous nearby places:
Green Bay, WI has a cost of living index of 92, 1.1x Menominee.
Howard, WI has a cost of living index of 101, 1.2x Menominee.
Ashwaubenon, WI has a cost of living index of 97, 1.2x Menominee.
| City | Population | Cost Of Living | Vs. Menominee |
|---|---|---|---|
| Green Bay, WI | 106,585 | 92 | 1.1x |
| Howard, WI | 20,261 | 101 | 1.2x |
| Ashwaubenon, WI | 16,931 | 97 | 1.2x |
| Bellevue, WI | 16,255 | 98 | 1.2x |
| Allouez, WI | 14,023 | 96 | 1.2x |
| Suamico, WI | 13,003 | 110 | 1.3x |
| Marinette, WI | 11,060 | 83 | 1.0x |
| Sturgeon Bay, WI | 9,702 | 93 | 1.1x |
