Nationally, Michigan ranks fourth among states for the lowest cost of living, at about 10% below the national average, with communities like Detroit and Grand Rapids also ranking among the top regions internationally for housing affordability.
What is the average cost to live in Michigan?
A cost of living index above 100 means Michigan, Michigan is more expensive.
Michigan cost of living is 89.6.
| COST OF LIVING | Michigan | United States |
|---|---|---|
| Housing | 65.5 | 100 |
| Median Home Cost | $207,800 | $291,700 |
| Utilities | 100.1 | 100 |
| Transportation | 115.1 | 100 |
Which city in Michigan has the lowest cost of living?
Ann Arbor. In 2018, Ann Arbor was named #1 on our Top 100 Best Places to Live list and it’s easy to see why. This college town can add another jewel to its crown: the most affordable place to live in the state.
What is the minimum cost of living in Michigan?
On average in Michigan, a family with two preschool children needs an average minimum income of $2,580 to $4,722 a month to pay for basic necessities, the report says. The $2,580 is for a two-parent family with one stay-at-home parent.
Which state has lowest cost of living?
Mississippi
Mississippi. Mississippi has the lowest cost of living in the United States. With a cost of living index of 83.3, expenses are nearly 17% less than the national average. Mississippi’s housing costs are the lowest in the nation.
What is considered a good salary in Michigan?
While ZipRecruiter is seeing salaries as high as $136,635 and as low as $18,754, the majority of salaries within the Average jobs category currently range between $44,205 (25th percentile) to $66,977 (75th percentile) with top earners (90th percentile) making $89,303 annually in Michigan.
Where should I not live in Michigan?
The 5 Worst Places To Live In Michigan In 2022
- 5.) Flint. Adam Maloney via Unsplash. 5.) Flint.
- 4.) Jackson. Google Maps. 4.) Jackson.
- 3.) Detroit. Jason Hutchison via Unsplash. 3.) Detroit.
- 2.) Benton Harbor. Google Maps. 2.) Benton Harbor.
- 1.) Muskegon Heights. Google Maps. 1.) Muskegon Heights.
What is the most miserable city in Michigan?
Detroit was named the third-most miserable story by Business Insider, Flint was the ninth and Saginaw was the 33rd. Gary, Indiana, ranked as the number one most miserable city, with Port Arthur Texas coming in at number two. The least most miserable city in Michigan is Novi, which checked in at number 838.
Is it cheap to buy a house in Michigan?
The 2020 trends have continued into this year. The average Michigan home sold for $189,000 in 2019, for $214,000 in 2020 and has crept up near $217,000 during the first three months of 2021. O’Rear-Libbett is expecting home prices to keep rising in Michigan for the rest of the year.
Are groceries expensive in Michigan?
Just as food costs are lower than average in Michigan, so, too, are incomes. The typical family in the state earns $75,470 a year, compared to the national average of $80,069. Michigan residents are more likely to rely on government assistance to afford groceries than the typical American.
What is middle class in Michigan?
How Much Income Do You Need in Michigan To Be Considered Middle Class. The median average income in Michigan is $59,584.
How much does rent cost in Michigan?
On a whole, Michigan’s rent is up 15.71% when comparing 2020 to 2021. The state’s average was $1,194 for a one bedroom. Michigan is in the middle of the pack among its Midwest neighbors. Ohio prices were 17.83% more year-over-year.
What is the best state to live in financially?
Alaska is the top state for fiscal stability. It’s followed by South Dakota, Tennessee, Idaho and Utah to round out the top five. Half of the 10 states with the best fiscal stability also rank among the top 10 Best States overall.
What state is most expensive to live in?
Hawaii
Hawaii. Hawaii is the most expensive state to live in the United States. With a cost of living index of 193.3, the cost of living in Hawaii is nearly twice the national average. Hawaii has the highest costs across all indexes, except healthcare.
Which state has the cheapest food?
The most notable exception is New Hampshire, which, despite being an East Coast state, actually has the lowest food costs in the nation.
Is it worth moving to Michigan?
Residents of Michigan enjoy a relatively affordable cost of living, growing job opportunities, as well as tons of festivals, parks and landmarks so you know you’ll be able to work hard and play hard when you’re living in Michigan. Before moving to Michigan, you should learn about their public transportation.
What jobs are in high demand in Michigan?
Fastest Growing Careers in Michigan
- Industrial Mechanic.
- Millwright.
- Machinist.
- Mechanical Engineer.
- Engineer.
- Contact Lens Technician.
- Mechanic.
- Tractor Operator.
What’s the highest paying job in Michigan?
Detailed List Of Highest Paying Jobs In Michigan
| Rank | Job Title | Average Salary |
|---|---|---|
| 1 | Consultant And Sales Representative | $221,460 |
| 2 | Pain Management Physician | $197,971 |
| 3 | President/chief Executive Officer | $192,342 |
| 4 | Executive Vice President Of Sales | $191,007 |
What should I know before moving to Michigan?
15 Things to Know Before Moving to Michigan
- Michigan is one state in two parts.
- There’s a great public university.
- Michigan is a swing state.
- If you eat meat, you should try a Coney dog.
- Sports are huge in Michigan.
- Yes, Michigan winters are freezing.
- Michigan homes are affordable.
- Ann Arbor is blue through and through.
What is the safest place to live in Michigan?
Michigan has a higher-than-average violent crime rate overall, but its safest cities have a low violent crime rate.
Here are the 10 Safest Cities in Michigan for 2022
- Adrian Township.
- Gaines Township.
- Raisin Township.
- Grosse Ile Township.
- Oakland Township.
- Hamburg Township.
- Spring Arbor Township.
- Napoleon Township.
Is Michigan the poorest state?
Mississippi. Mississippi is the poorest U.S. state, with 18.8% of its residents living in poverty. The state also has the highest child poverty rate, with 27.9% of its under-18 population meeting federal poverty guidelines.