Michigan · Census, HUD and BEA figures · Updated

Cost of Living in Arenac County, MI

Prices around Arenac County, MI run 3.8% below the U.S. average (BEA, Michigan). The typical household there earns $58,811 a year, and HUD puts a two-bedroom at $973 a month. Keeping that rent under 30% of income takes about $38,920 a year.

Arenac County, MI at a glance

Median household income

$58,811$4,901 per month · U.S. Census Bureau ACS 5-Year
2-bedroom rent$973HUD FY2026 Fair Market Rent
Price level (U.S. = 100)96.2-3.8% · BEA, Michigan
Electricity23¢per kWh · EIA Residential MI
Population15,077Census ACS 5-year estimate

How much rent can you afford in Arenac County, MI?

HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.

Affordable (< 30% of income)
HUD Fair Market Rent$973Monthly market rent
Share of gross income19.9%Recommended max: 30%
Annual income needed$38,920To meet the 30% standard
Max affordable rent$1,470At 30% of $58,811
0%30% (Affordability standard)100%
Compare against:

How much is rent in Arenac County, MI? By bedroom, 2026

HUD's fiscal 2026 Fair Market Rents for Arenac County, MI, with the income each one takes if rent stays under 30% of it.

HUD Fair Market Rent in Arenac County, MI, fiscal 2026
Unit SizeMonthly RentAnnual Rent30% Rule Min. Income% of Median Income
Studio / Efficiency$671$8,052$26,84013.7%
1-Bedroom Apartment$742$8,904$29,68015.1%
2-Bedroom ApartmentBenchmark$973$11,676$38,92019.9%
3-Bedroom Home$1,353$16,236$54,12027.6%
4-Bedroom Home$1,519$18,228$60,76031%

Rent in Arenac County, MI, with the wage each unit needs →

What a typical income covers in Arenac County, MI

The 50/30/20 rule applied to the local median of $58,811 a year ($4,901 a month before tax).

Needs (50%)$2,450/moRent ($973 2-BR), utilities (~$207/mo), groceries, transit
Wants (30%)$1,470/moEating out, travel, subscriptions and the rest
Savings and debt (20%)$980/moEmergency fund, retirement, paying down loans

What $58,811 leaves after Michigan taxes

Federal income tax, Social Security, Medicare and Michigan tax on the local median income. Change the salary to see yours.

$58,811
$20,000$120,000
Filing status:
Gross salary breakdown$58,811
Net 80%
Fed 8%
MI 4%
FICA 8%
Annual take-home$47,186After all taxes
Monthly deposit$3,932Estimated per month
Biweekly paycheck$1,815Every 2 weeks (26/yr)
Effective tax rate19.8%Total tax burden
Federal income tax$4,877 / yr
Michigan state income tax$2,249 / yr
FICA (Social Security & Medicare)$4,499 / yr

Living in Arenac County, MI: common questions

What is the median household income in Arenac County, MI?

According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Arenac County, MI is $58,811 per year (approximately $4,901 per month).

What is the average rent in Arenac County, MI?

The closest official figure is HUD's Fair Market Rent for 2026: $671 for a studio, $742 for one bedroom, $973 for two, $1,353 for three and $1,519 for four, utilities included.

It is not an average of listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so a new lease on a nicer place will usually cost more.

Is Arenac County, MI expensive to live in?

Prices there run 3.8% below the U.S. average. BEA's regional price parity for Michigan is 96.2, where the U.S. is 100. Rent moves the number most: housing is where places differ, while goods cost about the same everywhere.

How much do you need to earn to comfortably afford rent in Arenac County, MI?

To keep a $973 two-bedroom under 30% of gross income, a household needs about $38,920 a year, or $3,243 a month. That is 66% of what the typical household in Arenac County, MI earns.

How much do you need to live comfortably in Arenac County, MI?

On the local median income of $58,811 ($4,901 a month before tax), the 50/30/20 rule leaves $2,450 a month for needs like rent, utilities and groceries, $1,470 for everything else and $980 for savings or debt. A two-bedroom at $973 takes 40% of the needs share.

How much is the electric bill in Arenac County, MI?

Homes in Michigan paid 23¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $207. Your bill depends mostly on heating and cooling.