Cost of Living in Lake Gogebic, MI
Population: 113 | Michigan
Lake Gogebic is 2% less expensive than the national average.
Cost of Living in Lake Gogebic, MI: What You Need to Know
With a cost of living index of 98, Lake Gogebic, MI is slightly more affordable than average. Living here is 2% cheaper than the national average and 20% above the Michigan state average of 78. Lake Gogebic is a small community of 113 residents.
The median household income in Lake Gogebic is $36,711, which is 51% lower than the national median of $75,149.
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
- $36,711
- vs US Median ($75,149)
- -51%
Housing
- Median Monthly Housing Cost
- $679/mo