An amount below 100 means Michigan is cheaper than the US average.
Michigan cost of living is 89.6.
| COST OF LIVING | Michigan | United States |
|---|---|---|
| Overall | 89.6 | 100 |
| Grocery | 93.4 | 100 |
| Health | 86 | 100 |
| Housing | 65.5 | 100 |
Is Michigan a cheap state to live in?
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 high cost of living state?
Average Cost Of Living In Michigan
The Great Lakes State has a pretty low cost of living overall, coming in at 89.6, which means the cost of living in Michigan is around 11% below the national average.
How much do you need to live 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.
Is it cheaper to live in Texas or Michigan?
Michigan is 2.6% more expensive than Texas.
What are the pros of living in Michigan?
The cost of living in Michigan is remarkably low.
It’s about 17% cheaper to live in Michigan than it is on average in the United States. You’ll have access to excellent educational opportunities that carry this advantage, including Central Michigan University, the University of Michigan, and Michigan State.
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.
Is Michigan cheaper than California?
Michigan is 19.0% cheaper than California.
What is the cheapest state to live in?
Mississippi
Mississippi. Mississippi is the cheapest state to live in in the United States. Overall, costs in the state are 17% lower than the national average. Housing costs in Mississippi are the lowest in the nation.
What 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 a good hourly wage in Michigan?
Average Salary in Michigan
| Annual Salary | Hourly Wage | |
|---|---|---|
| Top Earners | $79,369 | $38 |
| 75th Percentile | $65,259 | $31 |
| Average | $59,093 | $28 |
| 25th Percentile | $43,653 | $21 |
What is considered rich in Michigan?
In the nation as a whole, the richest 20% of households earn at least $131,350 annually, according to the analysis. And to be in the top 5% of income earners in Michigan, households need to make at least $209,099 per year. The state’s current median household income stands at $59,584 annually, the report says.
What is a liveable salary in Michigan?
Living Wage Calculation for Michigan
| 1 ADULT | ||
|---|---|---|
| 0 Children | 2 Children | |
| Living Wage | $16.36 | $47.08 |
| Poverty Wage | $6.19 | $10.56 |
| Minimum Wage | $9.87 | $9.87 |
What is the cost of living in Florida compared to Michigan?
Florida is 6.3% more expensive than Michigan.
Is the cost of living higher in Texas than Michigan?
Texas is 1.9% cheaper than Michigan.
Is Michigan bigger than Texas?
Texas is about 2.7 times bigger than Michigan.
Michigan is approximately 250,493 sq km, while Texas is approximately 678,052 sq km, making Texas 171% larger than Michigan. Meanwhile, the population of Michigan is ~9.9 million people (15.3 million more people live in Texas).
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.
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.
Is Michigan safe?
Michigan has a higher violent crime rate than the national average and only half of its residents feel safe in The Great Lake State. The increase in experiences with violent crime and gun violence might account for the higher daily level of high concern.
Where should I not live in Michigan?
The 20 Worst Places to Live in Michigan
- Highland Park. According to Road Snacks, the worst place to live in Michigan is Highland Park, and there are many reasons that this location ranks in the top position.
- Lapeer.
- River Rouge.
- Detroit.
- Benton Harbor.
- Ecorse.
- Dowagiac.
- Pontiac.
Is Michigan livable?
Michigan is a great place to live in. It boasts several features that are attractive not only to visitors to live, but also to top companies who often choose to invest in the state. From small lakes to large forest areas to historical buildings, Michigan has everything you can think of.
