Cost of Living in Tustin, MI

With a cost of living index of 63, Tustin, MI is one of the most affordable cities in the country. Living here is 37% cheaper than the national average and 15% below the Michigan state average of 78. Tustin is a small community of 220 residents.

Housing costs are the biggest factor in Tustin's cost of living. The median monthly rent is $688 (48% below the US median of $1,319), and the median home value sits at $108,600 (64% below the national median of $304,900). At current prices, the median home costs roughly 1.2x the median household income — well within traditional affordability guidelines.

The median household income in Tustin is $88,750, which is 18% higher than the national median of $75,149. Residents spend roughly 9% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

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.