Michigan City, IN Cost Of Living

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Updated: 2020-03-08
88
Michigan City's Overall Cost Of Living
0.9x
Lower Than The National Average
The cost of living index is set to 100 for the average place in America. An index above 100 means Michigan City is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Michigan City, IN?

According to the most recent data on the cost of living, Michigan City has an overall cost of living index of 88 which is 0.9x lower than the national index of 100.

Compared to only Indiana, Michigan City has a cost of living index that's 1.0x lower than Indiana's index of 89.

The standard of living in Michigan City ranks as #1324 most affordable out of the 6522 places we measured in Indiana. By definition, that implies Michigan City ranks as the #5083 most expensive place in the Hoosier State.

Michigan City Cost Of Living Vs. Indiana

Living Expense Michigan City Indiana National Average
Overall 88 89 100
Services 108 97 100
Groceries 95 92 100
Health 101 94 100
Housing 57 72 100
Transportation 96 100 100
Utilities 93 99 100
For more reading on cost of living around Indiana, check out:
Michigan City Cost of Living Vs. IN

Michigan City, IN Housing Cost Breakdown

Housing swings affordability the most between places in Indiana, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

$89,200
Median Home Value
$756
Median Rent
$39,713
Median Income
Statistic Michigan City Indiana United States
Median Home Value $89,200 $135,400 $204,900
Median Rent $756 $807 $1,023
Median Income $39,713 $54,325 $60,293
Home Value To Income 2.2x 2.5x 3.4x
Rent To Monthly Income 0.23x 0.18x 0.2x

Michigan City SnackAbility

3
/10
Overall SnackAbility
Jobs
4/10
Housing
5
Affordability
8
Diversity
9
Safety
3
Amenities
8.5
Education
6
Commute
8.5

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