Lowest Cost of Living Neighborhoods in Michigan (2026 Rankings)
Utility costs are a key part of your monthly budget. We ranked 25 neighborhoods in Michigan by electricity rate as a proxy for overall cost of living. Lower rates mean more money in your pocket.
Electricity Rate: 9.62¢/kWh
Median Rent: $1,331/mo
Home Value: $320,000
Property Tax: $3,654/yr
Median Income: $51,380
Electricity Rate: 13.71¢/kWh
Median Rent: $870/mo
Home Value: $129,400
Property Tax: $1,976/yr
Median Income: $57,274
Electricity Rate: 13.71¢/kWh
Median Rent: $870/mo
Home Value: $152,700
Property Tax: $1,976/yr
Median Income: $48,649
4
Electricity Rate: 13.71¢/kWh
Median Rent: $870/mo
Home Value: $100,100
Property Tax: $1,976/yr
Median Income: $40,307
5
Electricity Rate: 13.71¢/kWh
Median Rent: $788/mo
Home Value: $203,300
Median Income: $63,750
6
Electricity Rate: 13.71¢/kWh
Median Rent: $870/mo
Home Value: $97,300
Median Income: $44,375
7
Electricity Rate: 13.71¢/kWh
Median Rent: $870/mo
Home Value: $459,500
Property Tax: $1,976/yr
Median Income: $162,364
8
Electricity Rate: 13.71¢/kWh
Median Rent: $1,066/mo
Home Value: $226,600
Median Income: $67,841
9
Electricity Rate: 13.71¢/kWh
Median Rent: $1,354/mo
Home Value: $200,000
Property Tax: $5,993/yr
Median Income: $47,940
10
Electricity Rate: 13.71¢/kWh
Median Rent: $870/mo
Home Value: $206,700
Property Tax: $1,976/yr
Median Income: $52,116
11
Electricity Rate: 13.71¢/kWh
Median Rent: $725/mo
Home Value: $126,800
Median Income: $55,833
12
Electricity Rate: 13.71¢/kWh
Median Rent: $870/mo
Home Value: $319,000
Property Tax: $1,976/yr
Median Income: $101,728
13
Electricity Rate: 13.71¢/kWh
Median Rent: $870/mo
Home Value: $180,300
Property Tax: $1,976/yr
Median Income: $67,234
14
Electricity Rate: 13.71¢/kWh
Median Rent: $870/mo
Home Value: $169,300
Property Tax: $1,976/yr
Median Income: $61,633
15
Electricity Rate: 13.71¢/kWh
Median Rent: $831/mo
Home Value: $197,700
Median Income: $75,734
16
Electricity Rate: 13.71¢/kWh
Median Rent: $870/mo
Home Value: $243,400
Property Tax: $1,976/yr
Median Income: $75,381
17
Electricity Rate: 13.71¢/kWh
Median Rent: $870/mo
Home Value: $132,300
Property Tax: $1,976/yr
Median Income: $59,352
18
Electricity Rate: 13.71¢/kWh
Median Rent: $870/mo
Home Value: $161,200
Property Tax: $1,976/yr
Median Income: $58,335
19
Electricity Rate: 13.71¢/kWh
Median Rent: $870/mo
Home Value: $112,200
Property Tax: $1,976/yr
Median Income: $50,747
20
Electricity Rate: 13.71¢/kWh
Median Rent: $870/mo
Home Value: $227,000
Property Tax: $1,976/yr
Median Income: $66,945
21
Electricity Rate: 13.71¢/kWh
Median Rent: $870/mo
Home Value: $115,600
Property Tax: $1,976/yr
Median Income: $49,684
22
Electricity Rate: 13.71¢/kWh
Median Rent: $870/mo
Home Value: $249,000
Property Tax: $1,976/yr
Median Income: $92,458
23
Electricity Rate: 13.71¢/kWh
Median Rent: $870/mo
Home Value: $240,800
Property Tax: $1,976/yr
Median Income: $44,094
24
Electricity Rate: 13.71¢/kWh
Median Rent: $870/mo
Home Value: $66,700
Property Tax: $1,976/yr
Median Income: $37,761
25
Electricity Rate: 13.71¢/kWh
Median Rent: $870/mo
Home Value: $359,800
Property Tax: $1,976/yr
Median Income: $115,968
More Michigan Guides
Safest Neighborhoods in Michigan
ranked by lowest violent crime rates
Most Walkable Neighborhoods in Michigan
ranked by Walk Score
Most Affordable Neighborhoods in Michigan
ranked by affordability index
Best Neighborhoods for Families in Michigan
ranked by safety, walkability, and homeownership
Best Neighborhoods for Retirees in Michigan
ranked by safety and affordability
Neighborhoods with the Cleanest Air in Michigan
ranked by Air Quality Index
Best Neighborhoods for Commuters in Michigan
ranked by transit score
Best Neighborhoods for Biking in Michigan
ranked by bike score
Quietest Neighborhoods in Michigan
ranked by lowest road noise levels
Lowest Crime Neighborhoods in Michigan
ranked by lowest property crime rates
Highest Homeownership Neighborhoods in Michigan
ranked by homeownership rate
Most Affordable Rent Neighborhoods in Michigan
ranked by lowest median rent
Highest Income Neighborhoods in Michigan
ranked by median household income
Lowest Unemployment Neighborhoods in Michigan
ranked by lowest unemployment rate
Best Climate-Resilient Neighborhoods in Michigan
ranked by lowest climate risk score
Lowest Property Tax Neighborhoods in Michigan
ranked by median annual property tax
Best Neighborhoods for First-Time Buyers in Michigan
ranked by affordability index
Best Neighborhoods with Public Transit in Michigan
ranked by transit score
Best Neighborhoods for Young Professionals in Michigan
ranked by walkability score
Greenest Neighborhoods in Michigan
ranked by best air quality
Most Populated Neighborhoods in Michigan
ranked by population
Lowest Poverty Rate Neighborhoods in Michigan
ranked by lowest poverty rate
Highest Home Value Neighborhoods in Michigan
ranked by median home value
Most Affordable Housing Neighborhoods in Michigan
ranked by lowest median home value
Safest Neighborhoods (Low Property Crime) in Michigan
ranked by lowest property crime rates