Cost of living in Laurium, Michigan
Simple answer
Typical rent is $808 a month.
Laurium is a village in Michigan. That rent number includes utilities. A typical household earns $54,167 a year.
- People
- 1,509
- Census average, 2020–2024
- Typical rent
- $808
- Median gross rent, includes utilities
- Typical pay
- $54,167
- Median household income, yearly
- Typical home
- $126,100
- Median home value
- 2-bedroom fair rent
- $1,033
- Houghton County, MI
Laurium, Michigan has about 1,509 people. That count is a 2020–2024 Census average, not a headcount from one day.
A typical home is worth about $126,100.
HUD's fair-market rent for a 2-bedroom in Houghton County is $1,033 a month. That is the county number, not an apartment listing in Laurium. It runs from October 2026 through September 2027.
Michigan's prices sit at 96.2 when the U.S. average is 100. This place is not in a metro area with its own index, so this is the state number from BEA for 2024.
Michigan taxes wages. A typical combined sales tax is 6.0% as of January 1, 2026. That mix is statewide, not Laurium'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 Laurium bill.
In July 2026, a typical Michigan home paid 23.05¢ per kilowatt-hour. That is a state average from EIA, not Laurium'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, 309 have higher typical rent than Laurium.
Nearby places
- Hancock
Typical rent $835
Compare with Laurium - Houghton
Typical rent $978
Compare with Laurium - Baraga
Typical rent $495
Compare with Laurium - L'Anse
Typical rent $646
Compare with Laurium - Ontonagon
Typical rent $538
Compare with Laurium - West Ishpeming
Typical rent $1,063
Compare with Laurium - Ishpeming
Typical rent $733
- Negaunee
Typical rent $861
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.
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.