Cost of Living in Fraser, MI
Population 14,604 · Michigan · Data vintage 2023
(100 = US avg)
Fraser is a smaller Michigan community of around 15000 residents, where median household incomes of $61,118 and housing costs ($194,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape.
Located 5 miles northeast of Warren, Fraser falls within that metro's commuting orbit. Housing prices track closely with Warren's $182,000 median.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Fraser
The median home value in Fraser is $193,600 — 37% below the national median of $305,000. Median rent runs $827/month, 37% lower than the national median of $1,314/month. The median household income of $61,118/year is 18% lower than the US median of $74,580. The local unemployment rate is 5.2%, 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, Fraser has a cost of living index of 63 versus the US average of 100, meaning it is 37% less expensive.
🏠 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
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Fraser, MI?
Fraser has a cost index of 63 (100 = national average). It is 37% below the national average.
What is average rent in Fraser, MI?
The median gross rent in Fraser is $827 per month based on 2023 Census data.
What is the average home price in Fraser?
The median home value in Fraser is $193,600 according to Zillow and Census data.
What is the median income in Fraser?
The median household income in Fraser is $61,118 per year (2023 ACS 5-year estimates).
What is the sales tax in Fraser, MI?
The combined state and local sales tax rate in Fraser is 6.0%. The Michigan state income tax top rate is 4.3%.
Is Fraser, MI affordable?
Yes, Fraser is generally considered affordable, with a cost of living index of 63 — about 37% below the US national average of 100.
Fraser at a Glance
- Population
- 14,604
- Median Income
- $61,118
- Home Value
- $193,600
- Median Rent
- $827/mo
- Unemployment
- 5.2%
- Sales Tax
- 6.0%
Nearby Cities
Explore county-level cost of living data
Michigan Rankings
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