Cost of Living in Rogers City, MI
Population: 2,873 | Michigan
Rogers City is 41% less expensive than the national average.
Cost of Living in Rogers City, MI: What You Need to Know
With a cost of living index of 59, Rogers City, MI is one of the most affordable cities in the country. Living here is 41% cheaper than the national average and 19% below the Michigan state average of 78. Rogers City is a small community of 2,873 residents.
Housing costs are the biggest factor in Rogers City's cost of living. The median monthly rent is $620 (53% below the US median of $1,319), and the median home value sits at $93,500 (69% below the national median of $304,900). At current prices, the median home costs roughly 2x the median household income — well within traditional affordability guidelines.
The median household income in Rogers City is $47,601, which is 37% lower 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. 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
- $47,601
- vs US Median ($75,149)
- -37%
Housing
- Median Rent
- $620/mo
- Median Home Value
- $93,500
- Median Monthly Housing Cost
- $561/mo