Mackinac Island, Michigan

Cost of living in Mackinac Island, Michigan

  • Cost of living compated to USAthe lowest
  • Cost of living compared to Michiganhigh
  • Median household incomethe lowest

Is it expensive to live in Mackinac Island, Michigan? When calculating the cost of living in Mackinac Island, Michigan we factor in state income tax rates, average housing rental prices, average property values, cost of living index, and more.

The cost of living in Mackinac Island, Michigan is the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Michigan, while median household income in Mackinac Island is $43,125 which is the lowest Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Michigan.

Taxes in Mackinac Island, Michigan

The sales tax rate in Mackinac Island, Michigan is 6.0%. Last year, the average property taxes paid was 1.1% Mackinac Island, Michigan.

The state income tax in the state of Michigan is 4.25%.

Housing costs in Mackinac Island, Michigan

  • The average cost of a single-family home compated to USA[no data]
  • The average cost of a single-family home compated to Michigan[no data]

In Mackinac Island, Michigan, 32% of the population owns their homes, while approximately 68% rent. The average cost of a single-family home in Mackinac Island, Michigan in 2022 is $[no data] which is [no data]Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and [no data]Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Michigan. The average one-bedroom apartment cost is approximately $[no data] per month.

Rental SizeMonthly CostCompared to Michigan
1 Bedroom$[no data][no data]Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
2 Bedroom$[no data][no data]Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
3 Bedroom$[no data][no data]Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
4 Bedroom$[no data][no data]Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest