Alpena, MI Cost Of Living
Cost Of Living In Alpena, MI Summary
Cost of living in Alpena 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 Alpena 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 Alpena is 80, with 100 being the average.
The cost of living index in Alpena is 0.8x lower than the national average.
Alpena ranks as the #15 cheapest in Michigan out of 175.
Alpena ranks as the #211 cheapest out of 6,412 in the US.
The median home value in Alpena is $88,600.
The median income in Alpena is $40,202.
Table Of Contents
Alpena's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Alpena, MI?
According to the most recent data on the cost of living, Alpena has an overall cost of living index of 80, which is 0.8x lower than the national index of 100.
Compared to Michigan, Alpena has a cost of living index that's 0.9x lower than Michigan's index of 92.
The standard of living in Alpena ranks as #15 most affordable out of the 175 places we measured in Michigan. By definition, that implies Alpena ranks as the #160 most expensive place in the Wolverine State.
For more reading on life in Alpena, check out:
- Living In Alpena
- Alpena Crime Report
- Search Homes For Sale In Alpena, MI
In Michigan
In America
Alpena Cost Of Living Vs. Michigan
Six factors go into calculating the cost of living index in Alpena. Here is how it fairs on each of the criteria:
The Services index in Alpena is 95.
The Groceries index in Alpena is 91.
The Health index in Alpena is 94.
The Housing index in Alpena is 47.
The Transportation index in Alpena is 105.
The Utilities index in Alpena is 102.
| Living Expense | Alpena | Michigan | National Average | |
|---|---|---|---|---|
| Overall | 80 | 92 | 100 | |
| Services | 95 | 96 | 100 | |
| Groceries | 91 | 96 | 100 | |
| Health | 94 | 94 | 100 | |
| Housing | 47 | 80 | 100 | |
| Transportation | 105 | 97 | 100 | |
| Utilities | 102 | 100 | 100 | |
Alpena, 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 Alpena is $88,600.
The Median Rent in Alpena is $589.
The Median Income in Alpena is $40,202.
The Home Value To Income in Alpena is 2.2x.
The Rent To Monthly Income in Alpena is 0.18x.
| Statistic | Alpena | Michigan | United States |
|---|---|---|---|
| Median Home Value | $88,600 | $172,100 | $244,900 |
| Median Rent | $589 | $946 | $1,163 |
| Median Income | $40,202 | $63,202 | $69,021 |
| Home Value To Income | 2.2x | 2.7x | 3.5x |
| Rent To Monthly Income | 0.18x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Alpena, MI Costs By Category
Detailed Alpena Services Costs Vs. Michigan
Detailed Alpena Groceries Costs Vs. Michigan
Detailed Alpena Health Costs Vs. Michigan
Detailed Alpena Transportation Costs Vs. Michigan
Detailed Alpena Utilities Costs Vs. Michigan
Alpena SnackAbility
/10
Cost Of Living In Cities Around Alpena
The cost of living varies in the cities and towns around Alpena. Here's a quick look at the cost of living in the most populous nearby places:
Rogers, MN has a cost of living index of 120, 1.5x Alpena.
| City | Population | Cost Of Living | Vs. Alpena |
|---|---|---|---|
| Rogers, MN | 13,182 | 120 | 1.5x |
