Cost of Living in St. Helen, MI
Population: 2,841 | Michigan
St. Helen is 38% less expensive than the national average.
Cost of Living in St. Helen, MI: What You Need to Know
With a cost of living index of 62, St. Helen, MI is one of the most affordable cities in the country. Living here is 38% cheaper than the national average and 16% below the Michigan state average of 78. St. Helen is a small community of 2,841 residents.
Housing costs are the biggest factor in St. Helen's cost of living. The median monthly rent is $728 (45% below the US median of $1,319), and the median home value sits at $85,300 (72% 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 St. Helen is $42,091, which is 44% lower than the national median of $75,149. Residents spend roughly 21% 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
- $42,091
- vs US Median ($75,149)
- -44%
Housing
- Median Rent
- $728/mo
- Median Home Value
- $85,300
- Median Monthly Housing Cost
- $507/mo