Cost of Living in Fruitport, MI
Population: 1,269 | Michigan
Fruitport is 20% less expensive than the national average.
Cost of Living in Fruitport, MI: What You Need to Know
With a cost of living index of 80, Fruitport, 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. Fruitport is a small community of 1,269 residents.
Housing costs are the biggest factor in Fruitport's cost of living. The median monthly rent is $1,054 (20% below the US median of $1,319), and the median home value sits at $193,200 (37% below the national median of $304,900). At current prices, the median home costs roughly 2.4x the median household income — well within traditional affordability guidelines.
The median household income in Fruitport is $80,769, which is 7% higher than the national median of $75,149. Residents spend roughly 16% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.
Everyday prices in the Muskegon-Norton Shores, 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
- $80,769
- vs US Median ($75,149)
- +7%
Housing
- Median Rent
- $1,054/mo
- Median Home Value
- $193,200
- Median Monthly Housing Cost
- $922/mo
Everyday Prices in Fruitport
BLS Average Prices for the Muskegon-Norton Shores, MI (Metropolitan Statistical Area) area