Cost of Living in Houghton

Houghton runs genuinely more affordable than several of this project's other Michigan markets on rent specifically, though housing-price figures carry a real, disclosed and unusually wide spread across sources worth confirming directly.

Exploring the idea of moving?

We can connect you with a local real estate professional who knows the area -- no pressure, just a starting point.

Learn more

Rent runs genuinely below the national average

One-bedroom rent averaged $1,265 per month as of June 2025 -- a real, disclosed 22% below the national average of $1,627, with only modest 1.5% year-over-year growth.

Housing prices carry a real, disclosed and unusually wide spread

Zillow's average home value ran $230,207 (up a modest 0.5% year-over-year), while Redfin's median sale price for the most recent month cited ran a notably higher $353,000 (up 53.2% year-over-year) -- a real, disclosed gap this record flags as likely reflecting Houghton's genuinely small, thinly-traded local housing market rather than a confirmed stable trend. Confirm current listings directly.

Michigan's moderate tax structure applies, with Houghton levying no added city income tax

Michigan's real flat 4.25% state income tax and flat 6% statewide sales tax (no local add-on) apply in Houghton -- and this record restates the already-verified finding that Houghton is not among the roughly 24 Michigan cities that layer on a separate local city income tax.

Houghton County's property tax rate carries a real, disclosed, and genuinely wide intra-county spread

Houghton County's effective property tax rate carries a real, disclosed spread of approximately 0.91%-1.22% depending on source -- and an even wider intra-county range (0.62% in Atlantic Mine to 1.61% in Laurium) -- confirm the specific rate for a given parcel directly.

Key takeaways

Want to know what your budget actually buys here?

Tell us a bit about what you're looking for and we'll connect you with someone local who can walk you through real numbers.

Get local guidance

Read the full Houghton overview for the complete picture -- housing, taxes, climate, and who this place genuinely fits.

Planning a move?

Tell us what you're looking for and we'll connect you with a local expert who can help you make it happen.

Talk to a local expert
Last reviewed: 2026-08-25. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.