Portage, MI Cost Of Living
Cost Of Living In Portage, MI Summary
Cost of living in Portage 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 Portage 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 Portage is 87, with 100 being the average.
The cost of living index in Portage is 0.9x lower than the national average.
Portage ranks as the #57 cheapest in Michigan out of 175.
Portage ranks as the #1,101 cheapest out of 6,412 in the US.
The median home value in Portage is $187,000.
The median income in Portage is $68,755.
Table Of Contents
Portage's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Portage, MI?
According to the most recent data on the cost of living, Portage has an overall cost of living index of 87, which is 0.9x lower than the national index of 100.
Compared to Michigan, Portage has a cost of living index that's 0.9x lower than Michigan's index of 92.
The standard of living in Portage ranks as #57 most affordable out of the 175 places we measured in Michigan. By definition, that implies Portage ranks as the #118 most expensive place in the Wolverine State.
For more reading on life in Portage, check out:
- Living In Portage
- Portage Crime Report
- Search Homes For Sale In Portage, MI
In Michigan
In America
Portage Cost Of Living Vs. Michigan
Six factors go into calculating the cost of living index in Portage. Here is how it fairs on each of the criteria:
The Services index in Portage is 89.
The Groceries index in Portage is 74.
The Health index in Portage is 95.
The Housing index in Portage is 81.
The Transportation index in Portage is 98.
The Utilities index in Portage is 100.
| Living Expense | Portage | Michigan | National Average | |
|---|---|---|---|---|
| Overall | 87 | 92 | 100 | |
| Services | 89 | 96 | 100 | |
| Groceries | 74 | 96 | 100 | |
| Health | 95 | 94 | 100 | |
| Housing | 81 | 80 | 100 | |
| Transportation | 98 | 97 | 100 | |
| Utilities | 100 | 100 | 100 | |
Portage, 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 Portage is $187,000.
The Median Rent in Portage is $949.
The Median Income in Portage is $68,755.
The Home Value To Income in Portage is 2.7x.
The Rent To Monthly Income in Portage is 0.17x.
| Statistic | Portage | Michigan | United States |
|---|---|---|---|
| Median Home Value | $187,000 | $172,100 | $244,900 |
| Median Rent | $949 | $946 | $1,163 |
| Median Income | $68,755 | $63,202 | $69,021 |
| Home Value To Income | 2.7x | 2.7x | 3.5x |
| Rent To Monthly Income | 0.17x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Portage, MI Costs By Category
Detailed Portage Services Costs Vs. Michigan
Detailed Portage Groceries Costs Vs. Michigan
Detailed Portage Health Costs Vs. Michigan
Detailed Portage Transportation Costs Vs. Michigan
Detailed Portage Utilities Costs Vs. Michigan
Portage SnackAbility
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Cost Of Living In Cities Around Portage
The cost of living varies in the cities and towns around Portage. Here's a quick look at the cost of living in the most populous nearby places:
Kalamazoo, MI has a cost of living index of 81, 0.9x Portage.
Battle Creek, MI has a cost of living index of 80, 0.9x Portage.
Westwood, MI has a cost of living index of 83, 1.0x Portage.
| City | Population | Cost Of Living | Vs. Portage |
|---|---|---|---|
| Kalamazoo, MI | 74,020 | 81 | 0.9x |
| Battle Creek, MI | 52,434 | 80 | 0.9x |
| Westwood, MI | 8,920 | 83 | 1.0x |
| Three Rivers, MI | 7,946 | 78 | 0.9x |
| Eastwood, MI | 6,569 | 79 | 0.9x |
| Comstock Northwest, MI | 5,438 | 84 | 1.0x |
