Cost of Living in Negaunee, MI

Population 4,641 · Michigan · Data vintage 2023

57
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Buyers in Negaunee can reasonably expect a home to cost less than three years of household income — $156,000 against $70,483 in typical earnings — a ratio that has collapsed to 5:1 or worse in much of the country. The labor market has been unusually tight, with unemployment around 1.9% — below most comparable cities in the state.

Negaunee lies roughly 140 miles north of the nearest major metro, Green Bay — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 18% lower than Green Bay's $192,000.

Cost Overview

Housing 51
Rent 65

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

About the Cost of Living in Negaunee

The median home value in Negaunee is $156,400 — 49% below the national median of $305,000. Median rent runs $853/month, 35% lower than the national median of $1,314/month. The median household income of $70,483/year is 5% lower than the US median of $74,580. The local unemployment rate is 1.9%, 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%. The climate averages highs of 49.5°F and lows of 31.1°F, with about 196.8" of annual snowfall. Overall, Negaunee has a cost of living index of 57 versus the US average of 100, meaning it is 43% less expensive.

🏠 Housing

Median Home Value
$156,400
49% below avg
Zillow Home Value
$218,521
Zillow ZHVI
Median Rent
$853/mo
35% below avg
Price-to-Rent Ratio
15.3x
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 78.2%
Renter-occupied 21.8%

💰 Estimated Monthly Budget

Rent median rent
$853
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,467/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
18.2 min
33% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
12.8%

Commute Mode

Drove alone
74.5%
Carpooled
9.9%
Public transit
0.3%
Walked
0.9%
Work from home
12.8%

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
$70,483
5% below avg
Per Capita Income
$33,077
Unemployment Rate
1.9%
61% below avg
Poverty Rate
11.7%
Labor Force Participation
62.2%

🎓 Education

Bachelor's degree+ 25.5%
Graduate degree 8.4%

👥 Demographics

Median Age 36.9
Male median age 36.1
Female median age 38

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
49.5°F
Avg Low
31.1°F
Annual Precip
36.7"
Annual Snowfall
196.8"
20° 40° 60° 80° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 222535476272767466523727
Low °F 7715274050555346352414
Precip" 2.332.242.673.353.373.273.102.853.964.042.902.60
Snow" 42.136.829.417.61.40.00.00.00.15.324.239.9

🏫 Schools

NCES CCD 2019 — public school district data

97%
4-Year Graduation Rate
17:1
Student-teacher ratio
3
Public schools
1,561
Total enrollment

Frequently Asked Questions

What is the cost of living in Negaunee, MI?

Negaunee has a cost index of 57 (100 = national average). It is 43% below the national average.

What is average rent in Negaunee, MI?

The median gross rent in Negaunee is $853 per month based on 2023 Census data.

What is the average home price in Negaunee?

The median home value in Negaunee is $156,400 according to Zillow and Census data.

What is the median income in Negaunee?

The median household income in Negaunee is $70,483 per year (2023 ACS 5-year estimates).

What is the sales tax in Negaunee, MI?

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

Is Negaunee, MI affordable?

Yes, Negaunee is generally considered affordable, with a cost of living index of 57 — about 43% below the US national average of 100.

What is the weather like in Negaunee?

Negaunee has average high temperatures of 49.5°F and average lows of 31.1°F. Annual precipitation is 36.7". Average annual snowfall is 196.8". Data from NOAA 1991–2020 Climate Normals.

Negaunee at a Glance

Population
4,641
Median Income
$70,483
Home Value
$156,400
Median Rent
$853/mo
Unemployment
1.9%
Avg High Temp
49.5°F
Sales Tax
6.0%
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