Cost of Living in Parkdale, MI
Population: 631 | Michigan
Parkdale is 15% less expensive than the national average.
Cost of Living in Parkdale, MI: What You Need to Know
With a cost of living index of 85, Parkdale, MI is a very affordable place to live. Living here is 15% cheaper than the national average and 7% above the Michigan state average of 78. Parkdale is a small community of 631 residents.
The median household income in Parkdale is $43,276, which is 42% lower than the national median of $75,149. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.
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
- $43,276
- vs US Median ($75,149)
- -42%
Housing
- Median Home Value
- $148,600
- Median Monthly Housing Cost
- $823/mo