Michigan · Census, HUD and BEA figures · Updated

Cost of Living in Leelanau County, MI

Prices around Leelanau County, MI run 6.6% below the U.S. average (BEA, the metro area). The typical household there earns $99,422 a year, and HUD puts a two-bedroom at $1,497 a month. Keeping that rent under 30% of income takes about $59,880 a year.

Leelanau County, MI at a glance

Median household income

$99,422$8,285 per month · U.S. Census Bureau ACS 5-Year
2-bedroom rent$1,497HUD FY2026 Fair Market Rent
Price level (U.S. = 100)93.4-6.6% · BEA, the metro area
Electricity23¢per kWh · EIA Residential MI
Population22,734Census ACS 5-year estimate

How much rent can you afford in Leelanau 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$1,497Monthly market rent
Share of gross income18.1%Recommended max: 30%
Annual income needed$59,880To meet the 30% standard
Max affordable rent$2,486At 30% of $99,422
0%30% (Affordability standard)100%
Compare against:

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

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

HUD Fair Market Rent in Leelanau County, MI, fiscal 2026
Unit SizeMonthly RentAnnual Rent30% Rule Min. Income% of Median Income
Studio / Efficiency$1,106$13,272$44,24013.3%
1-Bedroom Apartment$1,366$16,392$54,64016.5%
2-Bedroom ApartmentBenchmark$1,497$17,964$59,88018.1%
3-Bedroom Home$1,795$21,540$71,80021.7%
4-Bedroom Home$1,982$23,784$79,28023.9%

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

What a typical income covers in Leelanau County, MI

The 50/30/20 rule applied to the local median of $99,422 a year ($8,285 a month before tax).

Needs (50%)$4,143/moRent ($1,497 2-BR), utilities (~$207/mo), groceries, transit
Wants (30%)$2,486/moEating out, travel, subscriptions and the rest
Savings and debt (20%)$1,657/moEmergency fund, retirement, paying down loans

What $99,422 leaves after Michigan taxes

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

$99,422
$35,000$200,000
Filing status:
Gross salary breakdown$99,422
Net 75%
Fed 13%
MI 4%
FICA 8%
Annual take-home$74,799After all taxes
Monthly deposit$6,233Estimated per month
Biweekly paycheck$2,877Every 2 weeks (26/yr)
Effective tax rate24.8%Total tax burden
Federal income tax$13,043 / yr
Michigan state income tax$3,975 / yr
FICA (Social Security & Medicare)$7,606 / yr

Living in Leelanau County, MI: common questions

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

According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Leelanau County, MI is $99,422 per year (approximately $8,285 per month).

What is the average rent in Leelanau County, MI?

The closest official figure is HUD's Fair Market Rent for 2026: $1,106 for a studio, $1,366 for one bedroom, $1,497 for two, $1,795 for three and $1,982 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 Leelanau County, MI expensive to live in?

Prices there run 6.6% below the U.S. average. BEA's regional price parity for the metro area is 93.4, 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 Leelanau County, MI?

To keep a $1,497 two-bedroom under 30% of gross income, a household needs about $59,880 a year, or $4,990 a month. That is 60% of what the typical household in Leelanau County, MI earns.

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

On the local median income of $99,422 ($8,285 a month before tax), the 50/30/20 rule leaves $4,143 a month for needs like rent, utilities and groceries, $2,486 for everything else and $1,657 for savings or debt. A two-bedroom at $1,497 takes 36% of the needs share.

How much is the electric bill in Leelanau 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.