Cost of Living in Au Gres, MI
Population: 982 | Michigan
Au Gres is 35% less expensive than the national average.
Cost of Living in Au Gres, MI: What You Need to Know
With a cost of living index of 65, Au Gres, MI is one of the most affordable cities in the country. Living here is 35% cheaper than the national average and 13% below the Michigan state average of 78. Au Gres is a small community of 982 residents.
Housing costs are the biggest factor in Au Gres's cost of living. The median monthly rent is $638 (52% below the US median of $1,319), and the median home value sits at $154,300 (49% below the national median of $304,900). At current prices, the median home costs roughly 2.3x the median household income — well within traditional affordability guidelines.
The median household income in Au Gres is $65,852, which is 12% lower than the national median of $75,149. Residents spend roughly 12% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. 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
- $65,852
- vs US Median ($75,149)
- -12%
Housing
- Median Rent
- $638/mo
- Median Home Value
- $154,300
- Median Monthly Housing Cost
- $790/mo