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Cost & Benefits

Cost of living in Frankfort, Michigan

Simple answer

Typical rent is $876 a month.

Frankfort is a city in Michigan. That rent number includes utilities. A typical household earns $54,327 a year.

Is Frankfort affordable?See benefits in Frankfort
People
1,225
Census average, 2020–2024
Typical rent
$876
Median gross rent, includes utilities
Typical pay
$54,327
Median household income, yearly
Typical home
$350,000
Median home value
2-bedroom fair rent
$1,234
Benzie County, MI HUD Metro FMR Area

Frankfort, Michigan has about 1,225 people. That count is a 2020–2024 Census average, not a headcount from one day.

A typical home is worth about $350,000.

HUD's fair-market rent for a 2-bedroom in Benzie County is $1,234 a month. That is the county number, not an apartment listing in Frankfort. It runs from October 2026 through September 2027.

In the Traverse City, MI metro area, prices sit at 93.4 when the U.S. average is 100. That is a 2024 BEA index.

Michigan taxes wages. A typical combined sales tax is 6.0% as of January 1, 2026. That mix is statewide, not Frankfort's exact store tax.

Some places in Michigan add a local wage tax. In 2023 the state average was about 0.16% of income. That is not a Frankfort bill.

In July 2026, a typical Michigan home paid 23.05¢ per kilowatt-hour. That is a state average from EIA, not Frankfort's bill.

EIA did not publish a 2025 all-grades gas price for Michigan in the table we use.

Among 409 places we list in Michigan with a rent figure, 254 have higher typical rent than Frankfort.

Nearby places

EBT nearby

USDA has a live map of stores that take SNAP. We did not copy that store list here. The downloadable file is a history file for 2005 through 2025, so the live map is the one to use.

Find SNAP stores near FrankfortWhat EBT can buy in Michigan

Locator page updated 2026-09-11. Last checked 2026-10-16.

Food stamps (SNAP) tools in Michigan

Bigger places in Michigan

Census 2020-2024. HUD rents for October 2026–September 2027. BEA prices for 2024. Taxes as of January 1, 2026. Checked 2026-10-16. 15,000 places are in this guide.