Cost of Living in Rothbury, MI
Population: 377 | Michigan
Rothbury is 31% less expensive than the national average.
Cost of Living in Rothbury, MI: What You Need to Know
With a cost of living index of 69, Rothbury, MI is one of the most affordable cities in the country. Living here is 31% cheaper than the national average and 9% below the Michigan state average of 78. Rothbury is a small community of 377 residents.
Housing costs are the biggest factor in Rothbury's cost of living. The median monthly rent is $910 (31% below the US median of $1,319), and the median home value sits at $114,500 (62% below the national median of $304,900). At current prices, the median home costs roughly 2.5x the median household income — well within traditional affordability guidelines.
The median household income in Rothbury is $46,250, which is 38% lower than the national median of $75,149. Residents spend roughly 24% 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.
Everyday prices in the Muskegon-Norton Shores, 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
- $46,250
- vs US Median ($75,149)
- -38%
Housing
- Median Rent
- $910/mo
- Median Home Value
- $114,500
- Median Monthly Housing Cost
- $825/mo
Everyday Prices in Rothbury
BLS Average Prices for the Muskegon-Norton Shores, MI (Metropolitan Statistical Area) area