Cost of Living in Whittemore, MI
Population: 447 | Michigan
Whittemore is 49% less expensive than the national average.
Cost of Living in Whittemore, MI: What You Need to Know
With a cost of living index of 51, Whittemore, MI is one of the most affordable cities in the country. Living here is 49% cheaper than the national average and 27% below the Michigan state average of 78. Whittemore is a small community of 447 residents.
Housing costs are the biggest factor in Whittemore's cost of living. The median monthly rent is $425 (68% below the US median of $1,319), and the median home value sits at $59,600 (80% below the national median of $304,900). At current prices, the median home costs roughly 1.8x the median household income — well within traditional affordability guidelines.
The median household income in Whittemore is $33,056, which is 56% lower than the national median of $75,149. Residents spend roughly 15% 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
- $33,056
- vs US Median ($75,149)
- -56%
Housing
- Median Rent
- $425/mo
- Median Home Value
- $59,600
- Median Monthly Housing Cost
- $447/mo