Cost of Living in Muskegon, MI
2024 data from the Bureau of Economic Analysis
Cost Index
92.5
7.5% below avg
Housing Index
74.2
Median Income
$61,347
Median Rent
$915/mo
Cost Breakdown
Overall92.5 (-7.5%)
Housing74.2 (-25.8%)
Goods93.7 (-6.3%)
Utilities92.8 (-7.2%)
Other Services99.6 (-0.4%)
National average = 100
Income & Housing
Median Household Income
$61,347/year
Median Home Value
$162,300
Median Monthly Rent
$915/mo
Per Capita Income
$30,812/year
Compare Muskegon, MI With
Frequently Asked Questions
Is Muskegon, MI expensive to live in?
Muskegon, MI has a cost of living index of 92.5, which is 7.5% below the national average.
How much does housing cost in Muskegon, MI?
Housing costs in Muskegon, MI are indexed at 74.2 compared to the national average of 100. The median monthly rent is $915.
What is the average income in Muskegon, MI?
The median household income in Muskegon, MI is $61,347 per year.
What is the average home price in Muskegon, MI?
The median home value in Muskegon, MI is $162,300.