Cost of Living in Buena Vista, MI

Population 5,904 · Michigan · Data vintage 2023

37
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

At $38,835, median household incomes in Buena Vista land roughly 48% below the US median, a gap that tends to persist across local labor-market indicators. Around 31% of residents live below the federal poverty line, a rate that tends to correlate with the income and housing figures above.

Located 60 miles northeast of Lansing, Buena Vista is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 57% lower than Lansing's $119,000.

Cost Overview

Housing 17
Rent 67

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Buena Vista

The median home value in Buena Vista is $51,800 — 83% below the national median of $305,000. Median rent runs $875/month, 33% lower than the national median of $1,314/month. The median household income of $38,835/year is 48% lower than the US median of $74,580. The local unemployment rate is 16.8%, 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%. The climate averages highs of 56.9°F and lows of 39.1°F, with about 49" of annual snowfall. Overall, Buena Vista has a cost of living index of 37 versus the US average of 100, meaning it is 63% less expensive.

🏠 Housing

Median Home Value
$51,800
83% below avg
Median Rent
$875/mo
33% below avg
Price-to-Rent Ratio
4.9x
Favors buying
Property Tax Rate
1.5%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$707
1 BR
$780
2 BR
$962
3 BR
$1,290
4 BR
$1,444
Owner-occupied 66.0%
Renter-occupied 34.0%

💰 Estimated Monthly Budget

Rent median rent
$875
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,489/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
23.6 min
13% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
6.0%

Commute Mode

Drove alone
73.5%
Carpooled
18.1%
Work from home
6.0%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) 4.3%
Total Sales Tax 6.0%
State rate 6.0%
Avg local rate 0.0%
Property Tax 1.5%

💼 Income & Employment

Median Household Income
$38,835
48% below avg
Per Capita Income
$18,104
Unemployment Rate
16.8%
250% above avg
Poverty Rate
31.4%
Labor Force Participation
48.3%

🎓 Education

Bachelor's degree+ 4.0%
Graduate degree 3.5%

👥 Demographics

Median Age 34.7
Male median age 34.2
Female median age 37.7

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
56.9°F
Avg Low
39.1°F
Annual Precip
32.1"
Annual Snowfall
49"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 303242566979828073604635
Low °F 161726364858615952413223
Precip" 1.921.772.023.193.413.282.833.852.812.912.281.85
Snow" 13.911.46.02.40.00.00.00.00.00.23.311.8

Frequently Asked Questions

What is the cost of living in Buena Vista, MI?

Buena Vista has a cost index of 37 (100 = national average). It is 63% below the national average.

What is average rent in Buena Vista, MI?

The median gross rent in Buena Vista is $875 per month based on 2023 Census data.

What is the average home price in Buena Vista?

The median home value in Buena Vista is $51,800 according to 2023 Census ACS data.

What is the median income in Buena Vista?

The median household income in Buena Vista is $38,835 per year (2023 ACS 5-year estimates).

What is the sales tax in Buena Vista, MI?

The combined state and local sales tax rate in Buena Vista is 6.0%. The Michigan state income tax top rate is 4.3%.

Is Buena Vista, MI affordable?

Yes, Buena Vista is generally considered affordable, with a cost of living index of 37 — about 63% below the US national average of 100.

What is the weather like in Buena Vista?

Buena Vista has average high temperatures of 56.9°F and average lows of 39.1°F. Annual precipitation is 32.1". Average annual snowfall is 49". Data from NOAA 1991–2020 Climate Normals.

Buena Vista at a Glance

Population
5,904
Median Income
$38,835
Home Value
$51,800
Median Rent
$875/mo
Unemployment
16.8%
Avg High Temp
56.9°F
Sales Tax
6.0%
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Explore county-level cost of living data