Cost of Living in Houghton, MI

Population 8,341 · Michigan · Data vintage 2023

72
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Houghton's median household income of $35,417 is a meaningful share below the national figure, which shapes most of the downstream economic indicators — from housing affordability to the share of residents living below the poverty line (35% here). At 10.8%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Geographically, Houghton lies roughly 180 miles north of the nearest major metro, Green Bay. Median home values run roughly 22% higher than Green Bay's $192,000.

Cost Overview

Housing 77
Rent 66

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

About the Cost of Living in Houghton

The median home value in Houghton is $233,700 — 23% below the national median of $305,000. Median rent runs $861/month, 34% lower than the national median of $1,314/month. The median household income of $35,417/year is 53% lower than the US median of $74,580. The local unemployment rate is 10.8%, 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 49.1°F and lows of 32.3°F. Overall, Houghton has a cost of living index of 72 versus the US average of 100, meaning it is 28% less expensive.

🏠 Housing

Median Home Value
$233,700
23% below avg
Zillow Home Value
$261,218
Zillow ZHVI
Median Rent
$861/mo
34% below avg
Price-to-Rent Ratio
22.6x
Favors renting
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 37.7%
Renter-occupied 62.3%

💰 Estimated Monthly Budget

Rent median rent
$861
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,475/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
12.9 min
52% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
7.4%

Commute Mode

Drove alone
45.8%
Carpooled
6.4%
Public transit
8.8%
Walked
29.0%
Bicycle
1.3%
Work from home
7.4%

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
$35,417
53% below avg
Per Capita Income
$27,698
Unemployment Rate
10.8%
124% above avg
Poverty Rate
34.9%
Labor Force Participation
53.9%

🎓 Education

Bachelor's degree+ 21.5%
Graduate degree 44.2%

👥 Demographics

Median Age 21.9
Male median age 21.9
Female median age 21.9

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
49.1°F
Avg Low
32.3°F
20° 40° 60° 80° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 222534466171757466523828
Low °F 10917294049555447372616

🏫 Schools

NCES CCD 2019 — public school district data

97%
4-Year Graduation Rate
17.2:1
Student-teacher ratio
3
Public schools
1,429
Total enrollment

Frequently Asked Questions

What is the cost of living in Houghton, MI?

Houghton has a cost index of 72 (100 = national average). It is 28% below the national average.

What is average rent in Houghton, MI?

The median gross rent in Houghton is $861 per month based on 2023 Census data.

What is the average home price in Houghton?

The median home value in Houghton is $233,700 according to Zillow and Census data.

What is the median income in Houghton?

The median household income in Houghton is $35,417 per year (2023 ACS 5-year estimates).

What is the sales tax in Houghton, MI?

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

Is Houghton, MI affordable?

Yes, Houghton is generally considered affordable, with a cost of living index of 72 — about 28% below the US national average of 100.

What is the weather like in Houghton?

Houghton has average high temperatures of 49.1°F and average lows of 32.3°F. Data from NOAA 1991–2020 Climate Normals.

Houghton at a Glance

Population
8,341
Median Income
$35,417
Home Value
$233,700
Median Rent
$861/mo
Unemployment
10.8%
Avg High Temp
49.1°F
Sales Tax
6.0%
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🗺️ County data for Michigan

Explore county-level cost of living data

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