Escanaba, MI Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Escanaba, MI Summary

Cost of living in Escanaba 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 Escanaba 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 Escanaba is 80, with 100 being the average.

  • The cost of living index in Escanaba is 0.8x lower than the national average.

  • Escanaba ranks as the #15 cheapest in Michigan out of 175.

  • Escanaba ranks as the #211 cheapest out of 6,412 in the US.

  • The median home value in Escanaba is $91,300.

  • The median income in Escanaba is $36,173.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
80
Escanaba's Overall Cost Of Living
0.8x
Lower Than The National Average

What is the cost of living in Escanaba, MI?

According to the most recent data on the cost of living, Escanaba has an overall cost of living index of 80, which is 0.8x lower than the national index of 100.

Compared to Michigan, Escanaba has a cost of living index that's 0.9x lower than Michigan's index of 92.

The standard of living in Escanaba ranks as #15 most affordable out of the 175 places we measured in Michigan. By definition, that implies Escanaba ranks as the #160 most expensive place in the Wolverine State.

For more reading on life in Escanaba, check out:

15 out of 175
In Michigan
211 out of 6,412
In America

Escanaba Cost Of Living Vs. Michigan

Six factors go into calculating the cost of living index in Escanaba. Here is how it fairs on each of the criteria:

  • The Services index in Escanaba is 93.

  • The Groceries index in Escanaba is 92.

  • The Health index in Escanaba is 102.

  • The Housing index in Escanaba is 49.

  • The Transportation index in Escanaba is 86.

  • The Utilities index in Escanaba is 95.

Living Expense Escanaba Michigan National Average
Overall 80 92 100
Services 93 96 100
Groceries 92 96 100
Health 102 94 100
Housing 49 80 100
Transportation 86 97 100
Utilities 95 100 100
For more reading on cost of living around Michigan, check out:
Escanaba Cost of Living Vs. MI

Escanaba, 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 Escanaba is $91,300.

  • The Median Rent in Escanaba is $538.

  • The Median Income in Escanaba is $36,173.

  • The Home Value To Income in Escanaba is 2.5x.

  • The Rent To Monthly Income in Escanaba is 0.18x.

Statistic Escanaba Michigan United States
Median Home Value $91,300 $172,100 $244,900
Median Rent $538 $946 $1,163
Median Income $36,173 $63,202 $69,021
Home Value To Income 2.5x 2.7x 3.5x
Rent To Monthly Income 0.18x 0.18x 0.2x
Search Homes For Sale In Escanaba, MI
$91,300
Median Home Value
$538
Median Rent
$36,173
Median Income

Escanaba, MI Costs By Category

Detailed Escanaba Services Costs Vs. Michigan

Item Escanaba Michigan
Shampoo $0.91 $1.06
Movie $11.37 $10.68
Bowling $12.05 $14.67
Haircut $10.68 $18.62
Beauty Salon $22.7 $39.05

Detailed Escanaba Groceries Costs Vs. Michigan

Item Escanaba Michigan
Ground Beef $4.64 $4.22
Fried Chicken $1.1 $1.39
Milk $1.93 $2.05
Potatoes $2.89 $3.29
Pizza $10.01 $10.62
Beer $8.19 $9.38
Toothpaste $2.5 $2.34

Detailed Escanaba Health Costs Vs. Michigan

Item Escanaba Michigan
Optometrist $74.0 $108.57
Doctor $176.5 $116.17
Dentist $81.33 $99.13

Detailed Escanaba Transportation Costs Vs. Michigan

Item Escanaba Michigan
Gasoline $1.71 $2.22
Tire Balancing $56.2 $50.07

Detailed Escanaba Utilities Costs Vs. Michigan

Item Escanaba Michigan
All Electricity $160.46 $167.67
Phone $179.44 $175.64

Escanaba SnackAbility

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

Cost Of Living In Cities Around Escanaba

The cost of living varies in the cities and towns around Escanaba. Here's a quick look at the cost of living in the most populous nearby places:

  • Iron Mountain, MI has a cost of living index of 80, 1.0x Escanaba.

City Population Cost Of Living Vs. Escanaba
Iron Mountain, MI 7,516 80 1.0x

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