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Laborers and Freight, Stock, and Material Movers, Hand Salary in Michigan: Cost of Living Adjusted (2024)

What does a Laborers and Freight, Stock, and Material Movers, Hand salary really buy you in Michigan?

Michigan is 6.6% cheaper than the US average

Data: BLS OEWS 2024 + BEA Regional Price Parities 2022 • Updated 2026-03-31

Nominal Salary
$38,850
Median annual (2024)
+7.1%
Real Purchasing Power
$41,595
COL-adjusted (RPP=93.4)

Michigan Cost of Living Index

Michigan's Regional Price Parity (RPP) is 93.4, meaning prices are 6.6% lower the national average. A Laborers and Freight, Stock, and Material Movers, Hand earning $38,850 in Michigan has the equivalent purchasing power of $41,595 in an average-cost US state.

MI: 93.4
Cheapest (~85) US Avg (100) Priciest (~115)

Salary Breakdown: Nominal vs. COL-Adjusted

Every dollar goes further in low-cost states. Here is how each salary percentile compares after adjusting for Michigan's cost of living.

Percentile Nominal Salary COL-Adjusted Difference
10th Percentile (P10) $31,420 $33,640 +$2,220
25th Percentile (P25) $35,650 $38,169 +$2,519
Median (P50) $38,850 $41,595 +$2,745
75th Percentile (P75) $45,660 $48,886 +$3,226
90th Percentile (P90) $53,790 $57,591 +$3,801
Key Insight

A Laborers and Freight, Stock, and Material Movers, Hand in Michigan earns $38,850 on paper, but low living costs mean your money goes 7% further — like earning $41,595 in an average-cost state. This makes Michigan one of the best value states for this occupation.

Best States for Laborers and Freight, Stock, and Material Movers, Hand (After Cost of Living)

Where does Laborers and Freight, Stock, and Material Movers, Hand salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

$50,315
RPP 88.7
2. Iowa
$49,061
RPP 88.4
$46,722
RPP 89.4
$46,509
RPP 97.7
$45,817
RPP 92.3
$45,256
RPP 89.8
7. Montana
$45,193
RPP 90.3
8. Alaska
$44,823
RPP 102.0
9. Kansas
$44,400
RPP 90.0
10. Colorado
$44,193
RPP 102.3

Michigan ranks #19 out of 50 states for Laborers and Freight, Stock, and Material Movers, Hand after cost-of-living adjustment.

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Frequently Asked Questions

What is the real salary for a Laborers and Freight, Stock, and Material Movers, Hand in Michigan after cost of living?

A Laborers and Freight, Stock, and Material Movers, Hand in Michigan earns a median salary of $38,850 per year. After adjusting for Michigan's cost of living (RPP=93.4), the real purchasing power is $41,595 — a +7.1% difference.

Is Michigan expensive to live in?

Michigan's cost of living is 6.6% lower than the national average according to the BEA Regional Price Parities (2022). The RPP index for Michigan is 93.4 (US average = 100).

What are Regional Price Parities (RPP)?

Regional Price Parities (RPPs) are price indexes published by the U.S. Bureau of Economic Analysis (BEA) that measure differences in price levels across states. They are expressed as a percentage of the national average (US = 100). Higher RPP means higher cost of living.

How is the cost-of-living adjusted salary calculated?

The adjusted salary is calculated as: Nominal Salary x (100 / RPP). For a Laborers and Freight, Stock, and Material Movers, Hand in Michigan: $38,850 x (100 / 93.4) = $41,595. This represents what the salary would be worth in a state with average living costs.

Is it better to be a Laborers and Freight, Stock, and Material Movers, Hand in Michigan financially?

From a purchasing power perspective, yes. A Laborers and Freight, Stock, and Material Movers, Hand in Michigan enjoys 7.1% more buying power than the nominal salary suggests, because living costs are below the national average. However, other factors like job availability, career growth, and quality of life also matter.

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