Michigan is 4.5% cheaper than Illinois.
Is Illinois cheaper than Michigan?
Illinois is 7.3% more expensive than Michigan.
Is it cheaper to live in Chicago or Michigan?
Comparison Highlights
– Median Home Cost is the biggest factor in the cost of living difference. – Median Home Cost is 324% more expensive in Chicago. 100 = US Average.
Is Michigan an expensive state to live in?
In general, the most expensive areas to live were Hawaii, Alaska, the Northeast, and the West Coast. The least expensive areas were the Midwest and Southern states.
2022 First Quarter Cost of Living.
| Rank | 1 | 10 |
|---|---|---|
| State | Mississippi | Michigan |
| Index | 83.1 | 89.9 |
| Grocery | 92.3 | 90.4 |
| Housing | 63.8 | 77.8 |
How much does it cost to live comfortably in Michigan?
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 |
What is a livable wage in Illinois?
Living Wage Calculation for Cook County, Illinois
| 1 ADULT | 2 ADULTS (BOTH WORKING) | |
|---|---|---|
| 0 Children | 2 Children | |
| Living Wage | $19.29 | $25.37 |
| Poverty Wage | $6.19 | $6.37 |
| Minimum Wage | $12.00 | $12.00 |
Is it worth living in Illinois?
Illinois is the 18th-best state to live in the country, according to WalletHub’s 2021 Best States to Live In list. WalletHub compared all 50 states across five metrics covering affordability, economy, education and wealth, quality of life and safety.
Is Illinois a cheap place to live?
While the average rent is $1,712 for a one-bedroom in Illinois, which is down 4.39 percent compared to last year, it’s possible to find places for less than $1,000 a month throughout the state.
What 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. Median household income, here, is $70,286, with a median home value at $250,200.
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.
Where is the cheapest state to live?
Mississippi
1. Mississippi. Coming in as the cheapest state to live in in the United States is Mississippi with a cost of living index score of 83.3. It also has the lowest average housing costs in the nation at 33.7% below the national average.
What is minimum wage in Michigan?
A judge last week the Michigan minimum wage increased to $12 an hour and required businesses to offer paid sick leave. Those changes are now delayed, after the judge considered the ability for businesses and the state to adapt to new laws.
What is a good hourly wage in Michigan?
Average Salary in Michigan
| Annual Salary | Hourly Wage | |
|---|---|---|
| Top Earners | $89,303 | $43 |
| 75th Percentile | $66,977 | $32 |
| Average | $63,053 | $30 |
| 25th Percentile | $44,205 | $21 |
What is considered low income in Michigan?
low-income household: income of 80% AMI ($50,240) or less. very low-income household: income of 50% AMI ($31,400) or less. extremely low-income household: income of 30% AMI ($18,840) or less.
What is the middle class income in Illinois?
How much you have to earn to be middle class in every state
| State | Middle-class income | Median household income |
|---|---|---|
| Illinois | $53,961 | $69,187 |
| North Dakota | $52,935 | $64,577 |
| Maine | $51,608 | $58,924 |
| Pennsylvania | $51,346 | $63,463 |
How much does it cost to live in Illinois per month?
Average Housing Costs in Illinois: $855 to $1,693 per month
But housing is one of those costs that really depends on where you’re living: not only which state but also which city. According to September 2021 data from Zillow, the typical home value in Illinois is $241,126.
What is the minimum salary in Illinois?
$12.00 per hour
Illinois Minimum Wage for 2021, 2022. Illinois’ state minimum wage rate is $12.00 per hour. This is greater than the Federal Minimum Wage of $7.25.
Where should you not live in Illinois?
The 20 Worst Places to Live in Illinois
- Matteson. Matteson is a suburb of Chicago that is home to 19,336 people.
- Chicago. For those who live in Chicago, it may not surprise them to learn that the city is one of the worst locations to live in the state.
- Metropolis.
- Carbondale.
- Rockford.
- Springfield.
- Peoria.
- Alton.
What is the poorest city in Illinois?
(The Center Square) – East St. Louis was ranked the poorest city in Illinois in a 24/7 Wall St. analysis examining U.S. municipalities where households earn less than the nation’s median annual household income of $65,712. With a population of 26,543, East St.
What are the cons of living in Illinois?
What are the Pros and Cons of Living in Illinois?
- The crime rate is higher in Illinois.
- There’s high competition for jobs.
- Taxes are frightening in Illinois.
- Traffic is scary in Illinois.
- The climate is unpredictable and winters are extremely harsh.
- Illinois is prone to natural disasters.
What is the poorest county in Illinois?
Pulaski County, Illinois — located along the state’s southern border with Kentucky — is the only county in Illinois where most households earn less than $35,000 a year. The county’s median annual household income of $34,640 is over $31,000 shy of the statewide median income of $65,886.