Cost of Living in Cheboygan, MI

Population 4,801 · Michigan · Data vintage 2023

46
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

At $41,338, median household incomes in Cheboygan land roughly 45% below the US median, a gap that tends to persist across local labor-market indicators. At 9.9%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Geographically, Cheboygan lies roughly 190 miles east of the nearest major metro, Green Bay. Median home values run roughly 38% lower than Green Bay's $192,000.

Cost Overview

Housing 39
Rent 56

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

About the Cost of Living in Cheboygan

The median home value in Cheboygan is $118,700 — 61% below the national median of $305,000. Median rent runs $733/month, 44% lower than the national median of $1,314/month. The median household income of $41,338/year is 45% lower than the US median of $74,580. The local unemployment rate is 9.9%, 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 54.0°F and lows of 31.2°F. Overall, Cheboygan has a cost of living index of 46 versus the US average of 100, meaning it is 54% less expensive.

🏠 Housing

Median Home Value
$118,700
61% below avg
Zillow Home Value
$214,931
Zillow ZHVI
Median Rent
$733/mo
44% below avg
Price-to-Rent Ratio
13.5x
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 64.8%
Renter-occupied 35.2%

💰 Estimated Monthly Budget

Rent median rent
$733
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,347/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
21.6 min
20% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
4.2%

Commute Mode

Drove alone
71.5%
Carpooled
16.9%
Public transit
2.7%
Walked
1.6%
Bicycle
3.0%
Work from home
4.2%

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
$41,338
45% below avg
Per Capita Income
$24,425
Unemployment Rate
9.9%
107% above avg
Poverty Rate
19.0%
Labor Force Participation
50.8%

🎓 Education

Bachelor's degree+ 10.8%
Graduate degree 6.1%

👥 Demographics

Median Age 42.1
Male median age 39.2
Female median age 47.2

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
54.0°F
Avg Low
31.2°F
Annual Precip
30"
20° 40° 60° 80° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 272939526676797870574433
Low °F 9716273848535245352718
Precip" 1.611.141.742.442.792.572.672.853.384.222.711.89

🏫 Schools

NCES CCD 2019 — public school district data

87%
4-Year Graduation Rate
18.2:1
Student-teacher ratio
5
Public schools
1,585
Total enrollment

Frequently Asked Questions

What is the cost of living in Cheboygan, MI?

Cheboygan has a cost index of 46 (100 = national average). It is 54% below the national average.

What is average rent in Cheboygan, MI?

The median gross rent in Cheboygan is $733 per month based on 2023 Census data.

What is the average home price in Cheboygan?

The median home value in Cheboygan is $118,700 according to Zillow and Census data.

What is the median income in Cheboygan?

The median household income in Cheboygan is $41,338 per year (2023 ACS 5-year estimates).

What is the sales tax in Cheboygan, MI?

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

Is Cheboygan, MI affordable?

Yes, Cheboygan is generally considered affordable, with a cost of living index of 46 — about 54% below the US national average of 100.

What is the weather like in Cheboygan?

Cheboygan has average high temperatures of 54.0°F and average lows of 31.2°F. Annual precipitation is 30". Data from NOAA 1991–2020 Climate Normals.

Cheboygan at a Glance

Population
4,801
Median Income
$41,338
Home Value
$118,700
Median Rent
$733/mo
Unemployment
9.9%
Avg High Temp
54.0°F
Sales Tax
6.0%
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Explore county-level cost of living data

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