Cost of Living in Twin Lake, MI
Population: 1,997 | Michigan
Twin Lake is 9% less expensive than the national average.
Cost of Living in Twin Lake, MI: What You Need to Know
With a cost of living index of 91, Twin Lake, MI is slightly more affordable than average. Living here is 9% cheaper than the national average and 13% above the Michigan state average of 78. Twin Lake is a small community of 1,997 residents.
The median household income in Twin Lake is $80,150, which is 7% higher than the national median of $75,149.
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
- $80,150
- vs US Median ($75,149)
- +7%
Housing
- Median Home Value
- $232,300
- Median Monthly Housing Cost
- $959/mo
Everyday Prices in Twin Lake
BLS Average Prices for the Muskegon-Norton Shores, MI (Metropolitan Statistical Area) area