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Cost of Living in Michiana, MI

Population: 289 | Michigan

130
Cost of Living Index
US Average = 100

Michiana is 30% more expensive than the national average.

100
Housing
234
Home Values
90
Regional Price

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

With a cost of living index of 130, Michiana, MI is a notably expensive place to live. Living here is 30% more expensive than the national average and 52% above the Michigan state average of 78. Michiana is a small community of 289 residents.

The median household income in Michiana is $162,708, which is 117% higher than the national median of $75,149. While incomes are above average, they more than offset the higher cost of living.

Everyday prices in the Niles, 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
$162,708
vs US Median ($75,149)
+117%

Housing

Median Home Value
$712,500
Median Monthly Housing Cost
$1,656/mo

Everyday Prices in Michiana

BLS Average Prices for the Niles, 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
-6% vs US

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