salaryRent here is among the lowest 10% of all U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are short, about 13.7 minutes.
How much money do I need?
To rent here comfortably, you should earn about $36,600 a year. That is $18 an hour at a full-time job.
Is rent cheaper than other Michigan cities?
Yes. Rent here is cheaper than in most of Michigan. It is number 20 of 179 cities from cheapest to most expensive.
How much do households earn in Cadillac?
Share of households by yearly income. 9.8% of households earn $100,000 or more.
Rent by apartment size in Cadillac
| Size | Cadillac | U.S. average |
|---|---|---|
| 1 bedroom | $633 | $1,324 |
| 2 bedrooms | $1,047 | $1,509 |
| 3 bedrooms | $1,183 | $1,698 |
| 4 bedrooms | $1,244 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Cadillac overall?
Everyday prices in Michigan overall are 4% below the U.S. average (index 96.2, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Cadillac, so the Michigan figure is shown.
Taxes and bills in Cadillac
Life in Cadillac
Is it cheaper to rent or buy in Cadillac?
About the same. Renting and owning cost within $17 of each other each month.
Owning assumes a typical $134,300 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $13,430 for the down payment.
Frequently asked questions
What is the average rent in Cadillac, MI?
Renting in Cadillac costs a median of about $915 a month in 2026, including utilities. The Michigan median is $1,314.
How much do I need to make to live in Cadillac?
To keep rent under 30% of income, you need about $36,600 a year, or $18 an hour at a full-time job.
Is Cadillac cheap or expensive?
Cadillac is rated Cheap: rent takes 19.7% of the typical household income of $55,837. It ranks 20th cheapest of 179 Michigan cities we track.
How much are property taxes in Cadillac?
The median homeowner in Cadillac pays $2,062 a year in property taxes, about 1.54% of the median home value.
Is Cadillac more expensive than the national average?
Overall prices in Michigan are 4% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Cadillac?
The median home value in Cadillac is $134,300, about 2.4 times the typical yearly household income.
10,445 people live in Cadillac. Numbers are typical (middle) values.