Cost of Living in Michigan City, IN
2024 data from the Bureau of Economic Analysis
Cost Index
91.7
8.3% below avg
Housing Index
68.5
Median Income
$66,854
Median Rent
$860/mo
Cost Breakdown
Overall91.7 (-8.3%)
Housing68.5 (-31.5%)
Goods94.3 (-5.7%)
Utilities86.4 (-13.6%)
Other Services99.1 (-0.9%)
National average = 100
Income & Housing
Median Household Income
$66,854/year
Median Home Value
$166,200
Median Monthly Rent
$860/mo
Per Capita Income
$33,048/year
Compare Michigan City, IN With
Michigan City, IN vs Des Moines, IAMichigan City, IN vs Birmingham, ALMichigan City, IN vs Fond du Lac, WIMichigan City, IN vs Pueblo, COMichigan City, IN vs La Crosse, WIMichigan City, IN vs Jackson, MIMichigan City, IN vs Lincoln, NEMichigan City, IN vs Amarillo, TXMichigan City, IN vs Evansville, INMichigan City, IN vs Iowa City, IA
Frequently Asked Questions
Is Michigan City, IN expensive to live in?
Michigan City, IN has a cost of living index of 91.7, which is 8.3% below the national average.
How much does housing cost in Michigan City, IN?
Housing costs in Michigan City, IN are indexed at 68.5 compared to the national average of 100. The median monthly rent is $860.
What is the average income in Michigan City, IN?
The median household income in Michigan City, IN is $66,854 per year.
What is the average home price in Michigan City, IN?
The median home value in Michigan City, IN is $166,200.