Cost of Living in Mount Pleasant, MI

Population 21,420 · Michigan · Data vintage 2023

60
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Household incomes in Mount Pleasant run well below national norms — a median of $39,924 versus the $74,580 US figure. Housing costs partially offset that gap (typical home values around $169,000). Unemployment has stayed elevated relative to the national figure — 9.3% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Located 60 miles north of Lansing, Mount Pleasant is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 41% higher than Lansing's $119,000.

Cost Overview

Housing 55
Rent 66

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

About the Cost of Living in Mount Pleasant

The median home value in Mount Pleasant is $168,700 — 45% below the national median of $305,000. Median rent runs $870/month, 34% lower than the national median of $1,314/month. The median household income of $39,924/year is 46% lower than the US median of $74,580. The local unemployment rate is 9.3%, 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, Mount Pleasant has a cost of living index of 60 versus the US average of 100, meaning it is 40% less expensive.

🏠 Housing

Median Home Value
$168,700
45% below avg
Zillow Home Value
$217,159
Zillow ZHVI
Median Rent
$870/mo
34% below avg
Price-to-Rent Ratio
16.2x
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 35.1%
Renter-occupied 64.9%

💰 Estimated Monthly Budget

Rent median rent
$870
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,484/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
16.5 min
39% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
9.1%

Commute Mode

Drove alone
62.3%
Carpooled
7.8%
Public transit
1.1%
Walked
17.1%
Bicycle
1.9%
Work from home
9.1%

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
$39,924
46% below avg
Per Capita Income
$25,323
Unemployment Rate
9.3%
93% above avg
Poverty Rate
35.8%
Labor Force Participation
61.9%

🎓 Education

Bachelor's degree+ 21.4%
Graduate degree 23.4%

👥 Demographics

Median Age 23.3
Male median age 24.3
Female median age 22.3

🏫 Schools

NCES CCD 2019 — public school district data

77.4%
4-Year Graduation Rate
16.4:1
Student-teacher ratio
13
Public schools
4,213
Total enrollment

Frequently Asked Questions

What is the cost of living in Mount Pleasant, MI?

Mount Pleasant has a cost index of 60 (100 = national average). It is 40% below the national average.

What is average rent in Mount Pleasant, MI?

The median gross rent in Mount Pleasant is $870 per month based on 2023 Census data.

What is the average home price in Mount Pleasant?

The median home value in Mount Pleasant is $168,700 according to Zillow and Census data.

What is the median income in Mount Pleasant?

The median household income in Mount Pleasant is $39,924 per year (2023 ACS 5-year estimates).

What is the sales tax in Mount Pleasant, MI?

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

Is Mount Pleasant, MI affordable?

Yes, Mount Pleasant is generally considered affordable, with a cost of living index of 60 — about 40% below the US national average of 100.

Mount Pleasant at a Glance

Population
21,420
Median Income
$39,924
Home Value
$168,700
Median Rent
$870/mo
Unemployment
9.3%
Sales Tax
6.0%
View all cities in Michigan →
🗺️ County data for Michigan

Explore county-level cost of living data

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