Cost of Living in New Buffalo, MI

A+
2%
Overall NAT. AVG.
14%
Goods & Services NAT. AVG.
13%
Housing NAT. AVG.
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Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index New Buffalo Michigan National
Cost of living9889100
Goods & Services8693100
Groceries10099100
Health care8793100
Housing11374100
Transportation9097100
Utilities101101100
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Cost Of Living Quick Facts

  • The cost of living in New Buffalo is 10% higher than the Michigan average
  • The cost of living in New Buffalo is 2% lower than the national average
  • New Buffalo housing is 13% higher than the national average
  • Michigan general sales tax is 18% higher than the national average
  • Michigan state income tax is 64% higher than the national average

Most Affordable Places to Live in and Around New Buffalo

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Compare New Buffalo, MI Cost of Living

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      Salary Calculator

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      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$63,320$5,277$1,477$1,900
      Renters$24,219$2,018$565$727

      Michigan Sales Tax

      State General Sales Tax With Max Surtax
      Michigan 6% 6%

      Michigan Income Tax

      State Income Tax (Low) Income Tax (High)
      Michigan 4.25% 4.25%

      Goods & Services

      Item New Buffalo National avg. Difference
      Haircut $20.78$24.2614.4%
      Beauty Salon $52.07$45.5614.3%
      Toothpaste $3.66$3.701.1%
      Shampoo $1.34$1.284.6%
      Movie $13.08$12.137.8%
      Bowling $10.44$18.0042.0%

      Groceries

      Item New Buffalo National avg. Difference
      Ground Beef $6.31$5.848.0%
      Fried Chicken $1.62$1.573.0%
      Milk $4.83$4.673.3%
      Potatoes $4.96$4.930.4%
      Pizza $11.04$12.098.7%
      Beer $9.65$10.417.3%

      Health Care

      Item New Buffalo National avg. Difference
      Optometrist $132.22$125.685.2%
      Doctor $117.36$135.7813.6%
      Dentist $99.95$113.2911.8%
      Ibuprofen $10.40$10.652.4%
      Lipitor $356.34$468.6024.0%

      Housing

      Item New Buffalo National avg. Difference
      Home Price $223,800.00$184,700.0021.2%
      Avg. Mortgage Payment $1,868.87$2,346.6920.4%
      Apartment Rent $878.00$949.007.5%

      Transportation

      Item New Buffalo National avg. Difference
      Gasoline $3.38$3.462.4%
      Tire Balancing $42.17$59.9229.6%

      Utilities

      Item New Buffalo National avg. Difference
      All Electricity $199.24$193.992.7%
      Phone $190.02$192.251.2%
      Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Hudson Lake, IN1,2858020.1%
      Michigan City, IN31,1918217.9%
      Galien, MI4498217.7%
      La Porte, IN21,3288316.8%
      Town of Pines, IN7478416.2%
      New Buffalo, MI1,613982.2%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Nescopeck, PA1,613928.2%
      Sharon, WI1,6139010.2%
      Arnaudville, LA1,6147920.5%
      Huntington Bay, NY1,614287186.6%
      Decatur, TN1,6128613.6%
      New Buffalo, MI1,613982.2%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
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