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’s the cheapest city in Michigan to live in?
The 10 best & most affordable cities to live in Michigan are:
- Kalamazoo.
- Manistee.
- Battle Creek.
- Iron Mountain.
- Albion.
- Springfield.
- Jackson.
- Menominee.
What is the average cost to live in Michigan?
U.S. cost of living comparison by state
| State | Annual Mean Wage (All Occupations) | Average Monthly Rent |
|---|---|---|
| Maine | $53,230 | $1,024.67 |
| Maryland | $65,900 | $1,505.33 |
| Massachusetts | $72,940 | $1,553.75 |
| Michigan | $55,160 | $954.25 |
What is the minimum cost of living in Michigan?
Living Wage Calculation for Michigan
| 1 ADULT | 2 ADULTS (BOTH WORKING) | |
|---|---|---|
| 0 Children | 1 Child | |
| Living Wage | $16.36 | $19.38 |
| Poverty Wage | $6.19 | $5.28 |
| Minimum Wage | $9.87 | $9.87 |
Is it cheaper to live in Michigan or Ohio?
Michigan is more affordable compared to Ohio. Michigan ranks as the seventh state with the lowest cost of living in the country while Ohio ranks fifteenth. Home values are comparable between Michigan and Ohio. The median home value in Michigan is $176,000, while the median home value is $153,000 in Ohio.
Is Michigan worth living in?
Michigan has a low cost of living relative to other states in the U.S. The average cost of living rating of the U.S. is 100, Michigan is at 89. That means less money spent on groceries, health, housing, utilities, than the national average.
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.
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.
Are groceries expensive in Michigan?
Here’s the good news…according to balancingeverything.com, Michigan is the least expensive state in the country for groceries. Michigan has the lowest average grocery cost for 1. In the United States, the monthly cost of feeding one person is about $342.11. The average cost of food per day per person is $11.04.
Which state is expensive to live?
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.
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 |
How much is a good salary in Michigan?
Based on the U.S. median income of $59,039 in 2016, that means Michigan’s middle-class income for a single adult who lives alone is between $22,561 and $67,344, while the range is $45,120 to $134,689 for a household of four.
What is low income 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 are taxes like in Michigan?
Michigan has a flat 4.25 percent individual income tax rate. There are also jurisdictions that collect local income taxes. Michigan has a 6.00 percent corporate income tax rate.
Is Michigan safe?
OVERALL RISK : LOW
Except for a few areas, Michigan is extremely safe for both residents and travelers. There is some risk of being robbed or mugged but is low in the areas most tourists frequent. The only other danger is if you aren’t experienced in the outdoors.
Is it cheaper to live in Indiana or Michigan?
Indiana is 3.9% cheaper than Michigan.
What are the cons of living in Michigan?
Cons of living in Michigan:
- Expensive education: Stellar education is definitely available, but it also comes at a cost.
- Winter weather: The winters in Michigan may be cold and snowy like many states, but it’s the utter lack of sunshine that has most people feeling the winter blues.
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 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.
How much can I afford for an apartment in Michigan?
In Michigan rent averages $696 per month for a one-bedroom apartment in Detroit. Monthly food costs run $270.50 for an individual per month or $792 for a family of four.
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 |