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Cost of Living in Woodland Beach, MI

Population: 2,509 | Michigan

86
Cost of Living Index
US Average = 100

Woodland Beach is 14% less expensive than the national average.

100
Housing
52
Home Values
93
Regional Price

Cost of Living in Woodland Beach, MI: What You Need to Know

With a cost of living index of 86, Woodland Beach, MI is a very affordable place to live. Living here is 14% cheaper than the national average and 8% above the Michigan state average of 78. Woodland Beach is a small community of 2,509 residents.

The median household income in Woodland Beach is $70,330, which is 6% lower than the national median of $75,149. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Everyday prices in the Monroe, 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
$70,330
vs US Median ($75,149)
-6%

Housing

Median Home Value
$159,300
Median Monthly Housing Cost
$1,199/mo

Everyday Prices in Woodland Beach

BLS Average Prices for the Monroe, 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
$0.18
Electricity
per kWh
-5% vs US

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