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Cost of Living in Suttons Bay, MI

Population: 587 | Michigan

115
Cost of Living Index
US Average = 100

Suttons Bay is 15% more expensive than the national average.

100
Housing
172
Home Values
91
Regional Price

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

With a cost of living index of 115, Suttons Bay, MI is somewhat more expensive than average. Living here is 15% more expensive than the national average and 37% above the Michigan state average of 78. Suttons Bay is a small community of 587 residents.

The median household income in Suttons Bay is $123,125, which is 64% 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 Traverse City, 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
$123,125
vs US Median ($75,149)
+64%

Housing

Median Home Value
$524,700
Median Monthly Housing Cost
$1,300/mo

Everyday Prices in Suttons Bay

BLS Average Prices for the Traverse City, 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
$0.17
Electricity
per kWh
-8% vs US

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