Overall
91.8
-8.2 below avg
Cost-of-living indicators for Jackson, MI, compiled from Bureau of Economic Analysis Regional Price Parities (2024 data year). Categories include All Items, Goods, Services, and Rents.
CBSA: 27100 · Data year: 2024 · Rank: #249 of 387
Jackson, MI has a cost of living index of 91.8, meaning it's 8.2% less expensive than the national average. Goods cost 6.3% less, services 2.2% less, and rents are 32.9% below average. A $100K national salary has the purchasing power of $108,957 here.
Jackson ranks #249 of 387 U.S. metro areas measured by the Bureau of Economic Analysis, placing it in the lower half by cost. With an overall Regional Price Parity of 91.8, Jackson, MI is 8.2% less expensive than the national baseline of 100. The gap between Jackson's most and least expensive categories — the priciest line item versus rents at 67.1 — is what drives the household budget experience on the ground, not the single headline number.
Translated into dollars, a nationally-benchmarked $100,000 salary carries the purchasing power of $108,957 inside Jackson, while a household needs roughly $91,779 here to match a $100K lifestyle elsewhere. Rents carry the biggest swing in the BEA formula and are indexed at 67.1 — 32.9% below the national average — so anyone weighing a move or a remote-work arbitrage should treat the housing line as the single largest variable in the equation.
Looking at the 2008-2024 trajectory, Jackson's overall index has fallen by 5.0 points, improving relative affordability. For the 2024 data year, goods are indexed at 93.7 and services at 97.8, meaning everyday spending in Jackson is governed more by the services and rent mix than by retail goods prices. Readers comparing multiple destinations should always pair the RPP headline with local wage data and housing costs before drawing relocation conclusions.
Regional Price Parity vs national average (100)
BEA RPP composition by goods, services, rents, overall
Overall
91.8
-8.2 below avg
Goods
93.7
-6.3 below avg
Services
97.8
-2.2 below avg
Rents
67.1
-32.9 below avg
Index 91.8 (-8.2 vs national avg)
Index 93.7 (-6.3 vs national avg)
Index 97.8 (-2.2 vs national avg)
Index 67.1 (-32.9 vs national avg)
Vertical line on each bar = national average (100)
$75,000 median income vs RPP 91.8
A $100,000 salary at the national average cost of living equals:
in Jackson, MI purchasing power
Use the salary calculator for custom amounts.
The cost of living has been trending downward, decreasing by 5.0 points over this period.
| Year | Overall |
|---|---|
| 2008 | 96.8 |
| 2009 | 93.1 |
| 2010 | 92.3 |
| 2011 | 93.9 |
| 2012 | 93.5 |
| 2013 | 91.4 |
| 2014 | 93.3 |
| 2015 | 91.1 |
| 2016 | 92.9 |
| 2017 | 91.3 |
| 2018 | 93.0 |
| 2019 | 93.3 |
| 2020 | 92.1 |
| 2021 | 93.6 |
| 2022 | 91.5 |
| 2023 | 92.8 |
| 2024 | 91.8 |
These metros have an overall RPP closest to Jackson, MI's index of 91.8.
Source: Bureau of Economic Analysis, Regional Price Parities by Metropolitan Statistical Area (2024). Index where national average = 100.
Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the Bureau of Economic Analysis (BEA). Consult a qualified professional before making decisions based on this data.
Read our methodology — how this data is sourced, computed, and verified.