New Baltimore, MI Cost Of Living

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

Cost Of Living In New Baltimore, MI Summary

Cost of living in New Baltimore 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 New Baltimore 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 New Baltimore is 102, with 100 being the average.

  • The cost of living index in New Baltimore is 1.0x higher than the national average.

  • New Baltimore ranks as the #153 cheapest in Michigan out of 175.

  • New Baltimore ranks as the #3,380 cheapest out of 6,412 in the US.

  • The median home value in New Baltimore is $245,400.

  • The median income in New Baltimore is $82,464.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
102
New Baltimore's Overall Cost Of Living
1.0x
Higher Than The National Average

What is the cost of living in New Baltimore, MI?

According to the most recent data on the cost of living, New Baltimore has an overall cost of living index of 102, which is 1.0x higher than the national index of 100.

Compared to Michigan, New Baltimore has a cost of living index that's 1.1x higher than Michigan's index of 92.

The standard of living in New Baltimore ranks as #153 most affordable out of the 175 places we measured in Michigan. By definition, that implies New Baltimore ranks as the #22 most expensive place in the Wolverine State.

For more reading on life in New Baltimore, check out:

153 out of 175
In Michigan
3,380 out of 6,412
In America

New Baltimore Cost Of Living Vs. Michigan

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

  • The Services index in New Baltimore is 110.

  • The Groceries index in New Baltimore is 101.

  • The Health index in New Baltimore is 98.

  • The Housing index in New Baltimore is 95.

  • The Transportation index in New Baltimore is 109.

  • The Utilities index in New Baltimore is 94.

Living Expense New Baltimore Michigan National Average
Overall 102 92 100
Services 110 96 100
Groceries 101 96 100
Health 98 94 100
Housing 95 80 100
Transportation 109 97 100
Utilities 94 100 100
For more reading on cost of living around Michigan, check out:
New Baltimore Cost of Living Vs. MI

New Baltimore, 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 New Baltimore is $245,400.

  • The Median Rent in New Baltimore is $848.

  • The Median Income in New Baltimore is $82,464.

  • The Home Value To Income in New Baltimore is 3.0x.

  • The Rent To Monthly Income in New Baltimore is 0.12x.

Statistic New Baltimore Michigan United States
Median Home Value $245,400 $172,100 $244,900
Median Rent $848 $946 $1,163
Median Income $82,464 $63,202 $69,021
Home Value To Income 3.0x 2.7x 3.5x
Rent To Monthly Income 0.12x 0.18x 0.2x
Search Homes For Sale In New Baltimore, MI
$245,400
Median Home Value
$848
Median Rent
$82,464
Median Income

New Baltimore, MI Costs By Category

Detailed New Baltimore Services Costs Vs. Michigan

Item New Baltimore Michigan
Shampoo $0.94 $1.06
Movie $11.26 $10.68
Bowling $19.8 $14.67
Haircut $18.95 $18.62
Beauty Salon $54.27 $39.05

Detailed New Baltimore Groceries Costs Vs. Michigan

Item New Baltimore Michigan
Ground Beef $4.55 $4.22
Fried Chicken $1.13 $1.39
Milk $1.44 $2.05
Potatoes $4.18 $3.29
Pizza $10.82 $10.62
Beer $8.42 $9.38
Toothpaste $2.43 $2.34

Detailed New Baltimore Health Costs Vs. Michigan

Item New Baltimore Michigan
Optometrist $81.52 $108.57
Doctor $104.59 $116.17
Dentist $99.57 $99.13

Detailed New Baltimore Transportation Costs Vs. Michigan

Item New Baltimore Michigan
Gasoline $2.25 $2.22
Tire Balancing $58.95 $50.07

Detailed New Baltimore Utilities Costs Vs. Michigan

Item New Baltimore Michigan
All Electricity $159.51 $167.67
Phone $178.81 $175.64

New Baltimore SnackAbility

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

Cost Of Living In Cities Around New Baltimore

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

  • Sterling Heights, MI has a cost of living index of 97, 1.0x New Baltimore.

  • St. Clair Shores, MI has a cost of living index of 94, 0.9x New Baltimore.

  • Eastpointe, MI has a cost of living index of 90, 0.9x New Baltimore.

City Population Cost Of Living Vs. New Baltimore
Sterling Heights, MI 134,062 97 1.0x
St. Clair Shores, MI 59,046 94 0.9x
Eastpointe, MI 34,148 90 0.9x
Grosse Pointe Woods, MI 16,353 107 1.0x
Mount Clemens, MI 15,735 89 0.9x
Harper Woods, MI 15,287 91 0.9x
Fraser, MI 14,703 93 0.9x
Rochester, MI 13,048 117 1.1x
Richmond, MI 5,871 95 0.9x
St. Clair, MI 5,489 97 1.0x

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