Cost of Living in Hillsdale, MI

Population 8,013 · Michigan · Data vintage 2023

50
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Household incomes in Hillsdale run well below national norms — a median of $47,817 versus the $74,580 US figure. Housing costs partially offset that gap (typical home values around $131,000). A poverty rate near 21% adds context to the income figures — well above the US average, and worth factoring into any comparison with cities on the coasts or in the Rockies.

Geographically, Hillsdale is about 50 miles west of Ann Arbor, the nearest large metro. Median home values run roughly 70% lower than Ann Arbor's $435,000.

Cost Overview

Housing 43
Rent 61

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

About the Cost of Living in Hillsdale

The median home value in Hillsdale is $131,300 — 57% below the national median of $305,000. Median rent runs $801/month, 39% lower than the national median of $1,314/month. The median household income of $47,817/year is 36% lower than the US median of $74,580. The local unemployment rate is 4.6%, below 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, Hillsdale has a cost of living index of 50 versus the US average of 100, meaning it is 50% less expensive.

🏠 Housing

Median Home Value
$131,300
57% below avg
Zillow Home Value
$190,958
Zillow ZHVI
Median Rent
$801/mo
39% below avg
Price-to-Rent Ratio
13.7x
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 50.9%
Renter-occupied 49.1%

💰 Estimated Monthly Budget

Rent median rent
$801
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,415/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
16.3 min
40% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
6.5%

Commute Mode

Drove alone
63.7%
Carpooled
9.1%
Public transit
0.3%
Walked
16.4%
Bicycle
2.4%
Work from home
6.5%

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
$47,817
36% below avg
Per Capita Income
$25,351
Unemployment Rate
4.6%
4% below avg
Poverty Rate
21.2%
Labor Force Participation
62.6%

🎓 Education

Bachelor's degree+ 12.8%
Graduate degree 12.9%

👥 Demographics

Median Age 30.1
Male median age 28.6
Female median age 32.3

🏫 Schools

NCES CCD 2019 — public school district data

87%
4-Year Graduation Rate
17.5:1
Student-teacher ratio
5
Public schools
1,364
Total enrollment

Frequently Asked Questions

What is the cost of living in Hillsdale, MI?

Hillsdale has a cost index of 50 (100 = national average). It is 50% below the national average.

What is average rent in Hillsdale, MI?

The median gross rent in Hillsdale is $801 per month based on 2023 Census data.

What is the average home price in Hillsdale?

The median home value in Hillsdale is $131,300 according to Zillow and Census data.

What is the median income in Hillsdale?

The median household income in Hillsdale is $47,817 per year (2023 ACS 5-year estimates).

What is the sales tax in Hillsdale, MI?

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

Is Hillsdale, MI affordable?

Yes, Hillsdale is generally considered affordable, with a cost of living index of 50 — about 50% below the US national average of 100.

Hillsdale at a Glance

Population
8,013
Median Income
$47,817
Home Value
$131,300
Median Rent
$801/mo
Unemployment
4.6%
Sales Tax
6.0%
View all cities in Michigan →
🗺️ County data for Michigan

Explore county-level cost of living data

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