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Cost of Living in Barnes Lake, MI

Population: 468 | Michigan

92
Cost of Living Index
US Average = 100

Barnes Lake is 8% less expensive than the national average.

100
Housing
70
Home Values
98
Regional Price

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

With a cost of living index of 92, Barnes Lake, MI is slightly more affordable than average. Living here is 8% cheaper than the national average and 14% above the Michigan state average of 78. Barnes Lake is a small community of 468 residents.

The median household income in Barnes Lake is $75,585, which is 1% higher than the national median of $75,149.

Everyday prices in the Detroit-Warren-Dearborn, MI (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 5 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

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
$75,585
vs US Median ($75,149)
+1%

Housing

Median Home Value
$212,300
Median Monthly Housing Cost
$1,293/mo

Everyday Prices in Barnes Lake

BLS Average Prices for the Detroit-Warren-Dearborn, MI (Metropolitan Statistical Area) area

$3.00
Gasoline (regular)
per gallon
-2% vs US
🥚
$2.45
Eggs (grade A, large)
per dozen
-2% vs US
🥛
$3.94
Milk (whole)
per gallon
-2% vs US
🍞
$1.81
Bread (white)
per lb
-2% vs US
🍗
$4.06
Chicken breast
per lb
-2% vs US
$0.20
Electricity
per kWh
+7% vs US

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