Cost of Living in Menominee County, Michigan

$675/mo
Median Monthly Rent
$142,700
Median Home Value
23% below state averageUnaffordable

At a Glance

Median Monthly Rent
$675/mo
23% below state average
Median Home Value
$142,700
49% below national
Rent-to-Income Ratio
26.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Menominee County Compares

Median monthly rent comparison

Menominee County$675/mo
Michigan Average$873/mo
National Median$1,163/mo

Detailed Housing Stats

$675/mo
Median Gross Rent
$142,700
Median Home Value
$664/mo
Monthly Owner Cost
26.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Menominee County, Michigan

Menominee: Exceptional Housing Value

Menominee County delivers the strongest housing affordability in this cohort, with residents spending just 14.6% of income on rent—well below national comfort levels and exceptional compared to most American markets. Even with a modest median household income of $55,688, the county's $675 monthly rent creates genuine housing security for lower-income households.

Michigan's Most Affordable Option

Menominee County ranks among Michigan's most affordable destinations, with a rent-to-income ratio of 14.6% significantly below the state average of 16.3%. The county's $675 median rent represents the lowest in this comparison group and stands $198 below Michigan's state average of $873.

Clear Value Leader in Region

Menominee County dramatically undercuts neighboring counties, with rent $86 below Manistee and $192 below Marquette, making it the unquestionable value champion. The median home value of $142,700 also ranks as the lowest in this cohort, offering exceptional homebuying affordability for price-conscious buyers.

Ownership and Rental Both Ultra-Cheap

Menominee County renters pay $675 monthly while homeowners spend $664—making ownership marginally cheaper but both remarkably affordable. This 14.6% income allocation to housing is the lowest in the entire comparison group, freeing up resources for other household needs.

Best Budget for Michigan Relocators

Menominee County is the clear choice for budget-conscious relocators seeking maximum housing affordability in Michigan, with rents and ownership costs far below state averages. Before moving, verify local job availability in your field, then compare Menominee's exceptional 14.6% affordability against pricier counties to calculate your relocation savings.

Affordability Calculator

See how your income compares to housing costs in Menominee County

$

Rent Burden

14.5%

of gross income

Max Housing (28% Rule)

$1,299

per month

Owner Cost Burden

14.3%

of gross income

You can likely afford the median home in Menominee County

Median home value is $142,700. Estimated monthly cost: $1,139 vs. your max of $1,299.

Rent Affordability Guide

Your rent-to-income ratio14.5%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Menominee County, Michigan?
Menominee County, Michigan has a median monthly rent of $675/mo and a median home value of $142,700. The affordability rating is Unaffordable, with rent making up approximately 26.0% of median household income.
What is the median rent in Menominee County?
The median gross rent in Menominee County is $675/mo. This is 23% below state average for Michigan.
Is Menominee County affordable?
Menominee County is rated Unaffordable based on rent-to-income ratio of 26.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Menominee County's rent compare to the state average?
Menominee County's median rent of $675/mo is 23% below state average of $873/mo for Michigan.
What is the median home value in Menominee County?
The median home value in Menominee County, Michigan is $142,700. This is 49% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.