Cost of Living in Marshall, MI

Population 6,797 · Michigan · Data vintage 2023

62
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Marshall offers a notably favorable income-to-housing ratio for its region. The typical home — $170,000 — costs less than 2.3 times median household income of $75,220, a threshold many coastal markets passed a decade ago. At 7.5%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Geographically, Marshall is about 35 miles southwest of Lansing, the nearest large metro. Median home values run roughly 42% higher than Lansing's $119,000.

Cost Overview

Housing 56
Rent 71

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

About the Cost of Living in Marshall

The median home value in Marshall is $169,800 — 44% below the national median of $305,000. Median rent runs $933/month, 29% lower than the national median of $1,314/month. The median household income of $75,220/year is 1% higher than the US median of $74,580. The local unemployment rate is 7.5%, 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 58.5°F and lows of 40.1°F. Overall, Marshall has a cost of living index of 62 versus the US average of 100, meaning it is 38% less expensive.

🏠 Housing

Median Home Value
$169,800
44% below avg
Zillow Home Value
$233,853
Zillow ZHVI
Median Rent
$933/mo
29% below avg
Price-to-Rent Ratio
15.2x
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 67.9%
Renter-occupied 32.1%

💰 Estimated Monthly Budget

Rent median rent
$933
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,547/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
22.4 min
17% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
9.7%

Commute Mode

Drove alone
82.8%
Carpooled
3.2%
Walked
2.6%
Bicycle
0.9%
Work from home
9.7%

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
$75,220
1% above avg
Per Capita Income
$47,802
Unemployment Rate
7.5%
55% above avg
Poverty Rate
6.8%
Labor Force Participation
63.0%

🎓 Education

Bachelor's degree+ 22.7%
Graduate degree 19.1%

👥 Demographics

Median Age 46.5
Male median age 45.5
Female median age 49.1

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
58.5°F
Avg Low
40.1°F
Annual Precip
31.5"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 313445597079838174614736
Low °F 171927374958626153423224
Precip" 1.581.211.672.883.723.413.353.363.233.552.131.43

🏫 Schools

NCES CCD 2019 — public school district data

76%
4-Year Graduation Rate
16.4:1
Student-teacher ratio
9
Public schools
3,126
Total enrollment

Frequently Asked Questions

What is the cost of living in Marshall, MI?

Marshall has a cost index of 62 (100 = national average). It is 38% below the national average.

What is average rent in Marshall, MI?

The median gross rent in Marshall is $933 per month based on 2023 Census data.

What is the average home price in Marshall?

The median home value in Marshall is $169,800 according to Zillow and Census data.

What is the median income in Marshall?

The median household income in Marshall is $75,220 per year (2023 ACS 5-year estimates).

What is the sales tax in Marshall, MI?

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

Is Marshall, MI affordable?

Yes, Marshall is generally considered affordable, with a cost of living index of 62 — about 38% below the US national average of 100.

What is the weather like in Marshall?

Marshall has average high temperatures of 58.5°F and average lows of 40.1°F. Annual precipitation is 31.5". Data from NOAA 1991–2020 Climate Normals.

Marshall at a Glance

Population
6,797
Median Income
$75,220
Home Value
$169,800
Median Rent
$933/mo
Unemployment
7.5%
Avg High Temp
58.5°F
Sales Tax
6.0%
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🗺️ County data for Michigan

Explore county-level cost of living data

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