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Cost of Living in Elm Hall, MI

Population: 224 | Michigan

80
Cost of Living Index
US Average = 100

Elm Hall is 20% less expensive than the national average.

100
Housing
26
Home Values
95
Regional Price

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

With a cost of living index of 80, Elm Hall, MI is a very affordable place to live. Living here is 20% cheaper than the national average and in line with the Michigan state average. Elm Hall is a small community of 224 residents.

The median household income in Elm Hall is $19,688, which is 74% lower than the national median of $75,149. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Everyday prices in the Grand Rapids-Wyoming-Kentwood, MI (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 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
$19,688
vs US Median ($75,149)
-74%

Housing

Median Home Value
$79,000
Median Monthly Housing Cost
$631/mo

Everyday Prices in Elm Hall

BLS Average Prices for the Grand Rapids-Wyoming-Kentwood, MI (Metropolitan Statistical Area) area

$2.88
Gasoline (regular)
per gallon
-6% vs US
🥚
$2.35
Eggs (grade A, large)
per dozen
-6% vs US
🥛
$3.79
Milk (whole)
per gallon
-6% vs US
🍞
$1.74
Bread (white)
per lb
-6% vs US
🍗
$3.90
Chicken breast
per lb
-6% vs US
$0.18
Electricity
per kWh
-7% vs US

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