Cost of Living in New Buffalo, MI

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

108.0

100 = national avg

+8.0 vs national average

Living Wage (1 Adult)

$47,535

per year

Living Wage (Family of 4)

$112,356

per year

Cost Index by Category

Housing
123.4
Food
99.3
Transportation
98.6
Healthcare
99.5
Utilities
104.3

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$902

per month

2 Bedroom

$1,184

per month

The overall cost of living index in New Buffalo is 108.0, which is 8.0% above the national average. Housing costs are above the national average at an index of 123.4. A single adult needs to earn approximately $47,535 per year to cover basic expenses.