Cost of Living in Atlanta, MI
Population: 645 | Michigan
Atlanta is 39% less expensive than the national average.
Cost of Living in Atlanta, MI: What You Need to Know
With a cost of living index of 61, Atlanta, MI is one of the most affordable cities in the country. Living here is 39% cheaper than the national average and 17% below the Michigan state average of 78. Atlanta is a small community of 645 residents.
Housing costs are the biggest factor in Atlanta's cost of living. The median monthly rent is $691 (48% below the US median of $1,319), and the median home value sits at $91,000 (70% below the national median of $304,900). At current prices, the median home costs roughly 2.9x the median household income — well within traditional affordability guidelines.
The median household income in Atlanta is $31,500, which is 58% 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
- $31,500
- vs US Median ($75,149)
- -58%
Housing
- Median Rent
- $691/mo
- Median Home Value
- $91,000
- Median Monthly Housing Cost
- $518/mo