Cost of Living in Alba, MI
Population: 304 | Michigan
Alba is 23% less expensive than the national average.
Cost of Living in Alba, MI: What You Need to Know
With a cost of living index of 77, Alba, MI is a very affordable place to live. Living here is 23% cheaper than the national average and in line with the Michigan state average. Alba is a small community of 304 residents.
The median household income in Alba is $91,458, which is 22% higher than the national median of $75,149.
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
- $91,458
- vs US Median ($75,149)
- +22%
Housing
- Median Home Value
- $48,600
- Median Monthly Housing Cost
- $639/mo