CostByCity

Cost of Living in Jackson, MI

2024 data from the Bureau of Economic Analysis

Cost Index
91.8
8.2% below avg
Housing Index
67.1
Median Income
$62,581
Median Rent
$920/mo

Cost Breakdown

Overall91.8 (-8.2%)
Housing67.1 (-32.9%)
Goods93.7 (-6.3%)
Utilities97.8 (-2.2%)
Other Services99.6 (-0.4%)

National average = 100

Income & Housing

Median Household Income
$62,581/year
Median Home Value
$166,700
Median Monthly Rent
$920/mo
Per Capita Income
$33,065/year

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Frequently Asked Questions

Is Jackson, MI expensive to live in?
Jackson, MI has a cost of living index of 91.8, which is 8.2% below the national average.
How much does housing cost in Jackson, MI?
Housing costs in Jackson, MI are indexed at 67.1 compared to the national average of 100. The median monthly rent is $920.
What is the average income in Jackson, MI?
The median household income in Jackson, MI is $62,581 per year.
What is the average home price in Jackson, MI?
The median home value in Jackson, MI is $166,700.