Houghton County, MI Cost of Living


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How much do I need to live in Houghton, Michigan?
$2,010 / month
for a family, 62.8% less expensive than the national average A total of $24,120 for the year for a family.
$2,267 / month
for a single person, 52.4% less expensive than the national average A total of $27,200 for the year for a single person.

Houghton cost of living score
80.3
Less expensive
19.7% lower
than the US average
12.2% lower
than the Michigan average
Houghton Michi County, Michigan gets a BestPlaces Cost of Living score of 80.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 19.7% lower than the U.S. average and 12.2% higher than the average for Michigan.

Houghton County, MI

Housing costs in Houghton?
A typical home costs $126,400, which is 62.6% less expensive than the national average of $338,100 and 42.2% less expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Houghton costs $830 per month, which is 42.0% cheaper than the national average of $1,430 and 32.5% cheaper than the state average of $1,100.

Can I afford Houghton?
To live comfortably in Houghton Michi County, Michigan, a minimum annual income of $24,120 for a family, and $27,200 for a single person is recommended.

What does A.I. say about Houghton?
Houghton, MI County is a great place to live by all accounts. The median house value in the county is $126,400 which is considerably lower than the national average of $338,100. This creates an opportunity for those looking to purchase a home in the area that may not be able to afford other parts of the country. Additionally, the cost of living in Houghton, MI County is 80.3 compared to the US average of 100. This provides an additional savings opportunity as everyday expenses in Houghton are much less than most places in the US. All this adds up to great value and quality of life for those who choose to call Houghton home.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesHoughtonMichiganUnited States
    Unlock91.5100.0
  90.6  Unlock100.0
    Unlock84.8100.0
  44.2  Unlock100.0
    Unlock$218,700$338,100
  121.8  Unlock100.0
    Unlock115.1100.0
  95.0  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

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