What is the cost of living in Niles, MI?
According to the most recent data on the cost of living, Niles has an overall cost of living index of 85, which is 0.8x lower than the national index of 100.
Compared to Michigan, Niles has a cost of living index that's 0.9x lower than Michigan's index of 91.
The standard of living in Niles ranks as #34 most affordable out of the 179 places we measured in Michigan. By definition, that implies Niles ranks as the #145 most expensive place in the Wolverine State.
For more reading on life in Niles, check out:
Niles Cost Of Living Vs. Michigan
Six factors go into calculating the cost of living index in Niles. Here is how it fares on each of the criteria:
The Services index in Niles is 97.
The Groceries index in Niles is 97.
The Health index in Niles is 57.
The Housing index in Niles is 93.
The Transportation index in Niles is 98.
The Utilities index in Niles is 95.
| Living Expense | Niles | Michigan | National Average |
|---|---|---|---|
| Overall | 85 | 91 | 100 |
| Services | 97 | 97 | 100 |
| Groceries | 97 | 98 | 100 |
| Health | 57 | 75 | 100 |
| Housing | 93 | 98 | 100 |
| Transportation | 98 | 101 | 100 |
| Utilities | 95 | 98 | 100 |
Niles 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 Niles Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Niles, 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 Niles is $204,970.
The Median Rent in Niles is $855.
The Median Income in Niles is $51,376.
The Home Value To Income in Niles is 4.0x.
The Rent To Monthly Income in Niles is 0.2x.
Niles, MI Costs By Category
Detailed Niles Services costs vs. Michigan
Detailed Niles Groceries costs vs. Michigan
Detailed Niles Health costs vs. Michigan
Detailed Niles Transportation costs vs. Michigan
Niles SnackAbility
Cost Of Living In Cities Around Niles
The cost of living varies in the cities and towns around Niles. Here's a quick look at the cost of living in the most populous nearby places:
South Bend, IN has a cost of living index of 85, 1.0x Niles.
Mishawaka, IN has a cost of living index of 85, 1.0x Niles.
Portage, MI has a cost of living index of 96, 1.1x Niles.
| City | Population | Cost Of Living | Vs. Niles |
|---|---|---|---|
| South Bend, IN | 103,085 | 85 | 1.0x |
| Mishawaka, IN | 51,021 | 85 | 1.0x |
| Portage, MI | 49,259 | 96 | 1.1x |
| Goshen, IN | 34,420 | 88 | 1.0x |
| Granger, IN | 30,321 | 106 | 1.2x |
| Sturgis, MI | 11,054 | 84 | 1.0x |
| Westwood, MI | 8,867 | 94 | 1.1x |
| St. Joseph, MI | 7,986 | 98 | 1.2x |
| Notre Dame, IN | 6,890 | 90 | 1.1x |
| Nappanee, IN | 6,815 | 89 | 1.0x |
