Cost of Living in Boyne City, MI
Population 3,829 · Michigan · Data vintage 2023
(100 = US avg)
Boyne City is a smaller Michigan community of around 4000 residents, where median household incomes of $68,087 and housing costs ($234,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. At 6.2%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.
Boyne City lies roughly 155 miles east of the nearest major metro, Green Bay — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 22% higher than Green Bay's $192,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Boyne City
The median home value in Boyne City is $233,900 — 23% below the national median of $305,000. Median rent runs $893/month, 32% lower than the national median of $1,314/month. The median household income of $68,087/year is 9% lower than the US median of $74,580. The local unemployment rate is 6.2%, above the national average of 4.8%. Michigan's top state income tax rate is 4.3% and the combined sales tax is 6.0%. Overall, Boyne City has a cost of living index of 73 versus the US average of 100, meaning it is 27% less expensive.
Boyne City has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Boyne City, MI?
Boyne City has a cost index of 73 (100 = national average). It is 27% below the national average.
What is average rent in Boyne City, MI?
The median gross rent in Boyne City is $893 per month based on 2023 Census data.
What is the average home price in Boyne City?
The median home value in Boyne City is $233,900 according to Zillow and Census data.
What is the median income in Boyne City?
The median household income in Boyne City is $68,087 per year (2023 ACS 5-year estimates).
What is the sales tax in Boyne City, MI?
The combined state and local sales tax rate in Boyne City is 6.0%. The Michigan state income tax top rate is 4.3%.
Is Boyne City, MI affordable?
Yes, Boyne City is generally considered affordable, with a cost of living index of 73 — about 27% below the US national average of 100.
Boyne City at a Glance
- Population
- 3,829
- Median Income
- $68,087
- Home Value
- $233,900
- Median Rent
- $893/mo
- Unemployment
- 6.2%
- Sales Tax
- 6.0%
Nearby Cities
Explore county-level cost of living data
Michigan Rankings
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