Cost Of Living in Pentwater, MI

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	Pentwater	Michigan	National
Cost of living	105	89	100
Goods & Services	99	93	100
Groceries	103	99	100
Health care	111	93	100
Housing	114	74	100
Transportation	99	97	100
Utilities	105	101	100

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Cost Of Living Quick Facts

The cost of living in Pentwater is 18% higher than the Michigan average
The cost of living in Pentwater is 5% higher than the national average
Pentwater housing is 14% 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

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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	$63,693	$5,308	$1,486	$1,911
Renters	$28,125	$2,344	$656	$844

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	Pentwater	National avg.	Difference
Haircut	$20.21	$24.26	16.7%
Beauty Salon	$33.25	$45.56	27.0%
Toothpaste	$3.66	$3.70	1.1%
Shampoo	$1.07	$1.28	16.6%
Movie	$10.26	$12.13	15.5%
Bowling	$10.03	$18.00	44.3%

Groceries

Item	Pentwater	National avg.	Difference
Ground Beef	$6.05	$5.84	3.5%
Fried Chicken	$1.46	$1.57	7.3%
Milk	$4.55	$4.67	2.7%
Potatoes	$4.10	$4.93	17.0%
Pizza	$11.33	$12.09	6.3%
Beer	$8.52	$10.41	18.2%

Health Care

Item	Pentwater	National avg.	Difference
Optometrist	$278.65	$125.68	121.7%
Doctor	$223.73	$135.78	64.8%
Dentist	$106.79	$113.29	5.7%
Ibuprofen	$10.29	$10.65	3.4%
Lipitor	$469.65	$468.60	0.2%

Housing

Item	Pentwater	National avg.	Difference
Home Price	$248,700.00	$184,700.00	34.7%
Avg. Mortgage Payment	$1,879.64	$2,346.69	19.9%
Apartment Rent	$633.00	$949.00	33.3%

Transportation

Item	Pentwater	National avg.	Difference
Gasoline	$3.30	$3.46	4.5%
Tire Balancing	$44.14	$59.92	26.3%

Utilities

Item	Pentwater	National avg.	Difference
All Electricity	$182.69	$193.99	5.8%
Phone	$185.79	$192.25	3.4%

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.
Scottville, MI	1,290	84	16.4%
Hart, MI	2,118	88	12.3%
Custer, MI	294	85	15.0%
Shelby, MI	2,567	89	11.3%
Ludington, MI	8,081	90	10.3%
Pentwater, MI	797	105	5.0%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Blacklake, CA	797	200	100.1%
Brimfield, IL	797	87	13.0%
Orangeville, IL	797	83	16.8%
Pocahontas, IL	797	82	18.1%
Mabel, MN	797	87	13.2%
Pentwater, MI	797	105	5.0%

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

Cost of Living in Pentwater, MI