What Is The Cost Of Living In Michigan?

What Is The Cost Of Living In Michigan?

August 19, 2022 Off By Altaf

You are so lucky to live in Michigan because the cost of living in Michigan is considerably low, so you can easily find something within your budget. Michigan is an incredible state known for its Great lakes, rivers, and beaches. Also, many incredible draws to this state are its four distinct seasons. Here, you can check out some unbeatable nightclubs, wineries, and restaurants if that’s more your scene. Let’s know about the cost of living in Michigan

What Is The Cost Of Living In Michigan?

The cost of living in Michigan is low, so it may fit into your low budget. But more than this, the good news is, I have already done all the research, so you do not have to. The table given below will give you the average cost of living in Michigan based on the US average cost of 100. An amount more than 100 means the average cost of living in Michigan per month is more than the national average.  

Cost Of Living ForMichigan USA
Housing65.5100
Grocery93.4100
Transportation115.1100
Utilities100.1100
Health86100
Miscellaneous96.7100
Median Home Cost$207,800$291,700
OverAll89.6100

Note:  The cost of living in Michigan given above is as per the year of 2019, now it may be changed. 

Home Rent 

House rent is the highest living expense, regardless of where you choose to call home. But the good thing is, that the cost of living in Michigan per year is lower than the national average because of the lower rental cost of houses. For a more detailed breakdown, here is a list of rent prices of 1 and 2-bedroom houses in the different cities in Michigan. 

CityApprox 1 Bedroom RentApprox 2 Bedroom Rent
Grand Rapids $983$1257
Sterling Heights $1185$1475
Warren $964$1173
Lansing $791$989
Detroit $697$929

Food Cost 

In Michigan, the average cost of food for a single person is around $3246 annually and $270.50 per month roughly. With so many iconic Michigan foods and delicious restaurants, it’s hard to resist a few meals. Take a look at some of the costs for dinner for 2 people in different cities in Michigan, including the cost of living in Grand Rapid Michigan

CityApprox Dinner For 2
Grand Rapids $60
Sterling Heights $46.50
Warren $27.50
Lansing $50
Detroit $50

Travel Cost 

The cost of living in Michigan is low but here the cost of traveling is more than the national average. With average transportation costs of $5149 for a single person, according to the MIT Living Wage Calculator. 

Other Expenses 

While living life you need to spend money on everything you need, therefore, there are so many expenses in life. Here are some of them, 

Health Care 

Other than where you choose to live, your highest priority should be good health. If you visit a hospital for regular checkups or supper from chronic illnesses, it is essential to have proper health insurance. In Michigan, a single person pays around $2594 for medical care in a single year.   

Utility Bills 

When you see the cost of living in Michigan vs California then you find Michigan is cheaper than California, because of low utility bills. Considering the national average cost of utilities is $240 monthly. The average cost of utility bills for a 915 square foot apartment, including heating, water, electricity, cooling, and garbage collection, is between $71.86 to $234.96 per month.  

Internet Bills 

The cost of the internet is not the same but varies according to the provider. If you buy a plan from AT&T with a speed of 5 to 1000 Mbps you need to pay $49.99 per month.  

Fitness 

The summers are warm in Michigan, and winters are windy, snowy, and freezing. These extreme colds can make outdoor exercise a challenge in winter. To maintain your fitness throughout the year, you may want to consider a gym membership.  

Entertainment 

Michigan has a number of outdoor activities that can help you save money if the weather allows, including fishing on the Au Sable River, cycling in the Keweenaw Peninsula, or taking a boat ride on the Great Lakes.  

Taxes

Everything is at a low cost but it is hard to love Michigan with its flat income tax rate. However, some cities do charge additional tax rates, Additionally, the state sales tax rate is low, with no additional local sales taxes, meaning the 6% rate is across the state. 

FAQ

What Is Average Cost Of Living Per Month In Michigan?

The typical renter in Michigan spends $850 a month on housing, $173 less than the $1,023 national median monthly rent. Monthly rent for a one-bedroom in the state is $672, while the typical rent for a unit with five or more bedrooms is $1,187.

How Much Does It Cost To Live In MI?

Summary about cost of living in Detroit, MI, United States: Family of four estimated monthly costs are 3,318$ without rent. A single person estimated monthly costs are 959$ without rent.

Is It Cheap To Live In Michigan?

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.

Is Michigan A Good Place To Move To?

Even Popular Science magazine has given it a seal of approval by noting that Michigan will be the best place to live in America by the year 2100. But its draw extends beyond the natural charm. Well-paying jobs and high-quality education are a recurrent theme in Michigan.

Get to know more such amazing facts by visiting here.

Conclusion 

Now you know what is the cost of living in Michigan. If you want to move to a beautiful state with four different seasons and everything from country to big city living, Michigan might be the state for you. For those who have a minimum budget, Michigan states for them. Because of the lowest cost of living in Michigan. But at least once take a look at the cost of living in Michigan. 

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