Cost of Living in Menominee County, Michigan
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Menominee County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Menominee County ranks #966 of 3,144 counties for affordability (top 31%)
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.
Cost of Living Advisory: Menominee County
Affordability Verdict
For renters in Menominee County, the market is affordable. Expect to pay around $675/month in gross rent, with 26.0% of renter households considered cost-burdened.
Rent vs. Own
Renters in Menominee County pay $675/month on average, compared to $664/month for homeowners. This market favors buyers by about 2%.
Income Needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $27,000/year. For owner costs at the 28% rule, the required income is roughly $28,457/year. With a median household income of $55,688, most households can comfortably afford rent here. Notably, 26.0% of renter households in Menominee County are cost-burdened, spending more than 30% of income on housing.
Regional Context
Within Michigan, Menominee County is less affordable than Arenac County by roughly 9% ($675/mo vs $741/mo).
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
Income Needed Calculator
See how much you need to earn to comfortably afford housing
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Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.
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