Cost of Living in Mattawan, MI
Population: 2,615 | Michigan
Mattawan is 21% less expensive than the national average.
Cost of Living in Mattawan, MI: What You Need to Know
With a cost of living index of 79, Mattawan, MI is a very affordable place to live. Living here is 21% cheaper than the national average and in line with the Michigan state average. Mattawan is a small community of 2,615 residents.
Housing costs are the biggest factor in Mattawan's cost of living. The median monthly rent is $1,038 (21% below the US median of $1,319), and the median home value sits at $177,500 (42% below the national median of $304,900). At current prices, the median home costs roughly 2.2x the median household income — well within traditional affordability guidelines.
The median household income in Mattawan is $82,026, which is 9% higher than the national median of $75,149. Residents spend roughly 15% 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 Kalamazoo-Portage, 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
- $82,026
- vs US Median ($75,149)
- +9%
Housing
- Median Rent
- $1,038/mo
- Median Home Value
- $177,500
- Median Monthly Housing Cost
- $1,047/mo
Everyday Prices in Mattawan
BLS Average Prices for the Kalamazoo-Portage, MI (Metropolitan Statistical Area) area