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Cost of Living in Adrian, MI

Population: 20,493 | Michigan

71
Cost of Living Index
US Average = 100

Adrian is 29% less expensive than the national average.

71
Housing
39
Home Values
94
Regional Price

Cost of Living in Adrian, MI: What You Need to Know

With a cost of living index of 71, Adrian, MI is one of the most affordable cities in the country. Living here is 29% cheaper than the national average and 7% below the Michigan state average of 78. Adrian is a smaller community of 20,493 residents, where everyday costs can differ substantially from nearby larger cities.

Housing costs are the biggest factor in Adrian's cost of living. The median monthly rent is $939 (29% below the US median of $1,319), and the median home value sits at $119,900 (61% below the national median of $304,900). At current prices, the median home costs roughly 2.8x the median household income — well within traditional affordability guidelines.

The median household income in Adrian is $42,851, which is 43% lower than the national median of $75,149. Residents spend roughly 26% of household income on rent. This is near the 30% threshold that financial experts generally consider the upper limit of affordability. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.

Income

Median Household Income
$42,851
vs US Median ($75,149)
-43%

Housing

Median Rent
$939/mo
Median Home Value
$119,900
Median Monthly Housing Cost
$906/mo

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