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Cost of Living in Twin Lake, MI

Population: 1,997 | Michigan

91
Cost of Living Index
US Average = 100

Twin Lake is 9% less expensive than the national average.

100
Housing
76
Home Values
92
Regional Price

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

$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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