Living in Michigan is less expensive than it is on average across the U.S. as a whole. According to data from the Bureau of Economic Analysis, goods and services in the state cost 7.6% less than they do on average nationwide. Compared with all other states, Michigan has the 21st lowest overall cost of living.
Is Michigan cheap or expensive?
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 it cheaper to live in Michigan or Texas?
Texas is 1.9% cheaper than Michigan.
What is the average cost to live in Michigan?
Michigan Housing Costs
| City | Average 1-Bedroom Rent | Average 2-Bedroom Rent |
|---|---|---|
| Detroit, MI | $697 | $929 |
| Lansing, MI | $791 | $989 |
| Warren, MI | $964 | $1,173 |
| Grand Rapids, MI | $983 | $1,257 |
Is Michigan cheaper than California?
Michigan is 19.0% cheaper than California.
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.
What’s 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 is the cost of living in Florida compared to Michigan?
Florida is 6.3% more expensive than Michigan.
Is it easy to move to Texas?
Texas ranks among the fastest-growing states in the US, and for a good reason. An affordable cost of living, temperate weather, promising job market, and plenty to see and do makes Texas a win for newcomers.
What’s the cost of living in Texas?
Average Cost of Living in Texas: $39,661 per year.
Is Michigan safe to live?
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.
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 it cheaper to live in Georgia or Michigan?
Georgia is 8.8% more expensive than Michigan.
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.
Where is the cheapest place to live?
Most Affordable Places to Live in the U.S. in 2022-2023
- Hickory, NC.
- Green Bay, WI.
- Quad Cities, IA-IL (Davenport-Bettendorf, IA & Moline-Rock Island, IL)
- Fort Wayne, IN.
- Pittsburgh, PA.
- Beaumont, TX.
What is the best state to live in financially?
Overall ranking of best states for your finances
| Rank | State | Score |
|---|---|---|
| 1 | Tennessee | 4.33 |
| 2 | Utah | 4.45 |
| 3 | Idaho | 4.59 |
| 4 | Arkansas | 4.91 |
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 colder than New York?
But overall, Denver is considerably warmer, with far fewer days of extreme cold, and a much higher mean temperature.
Lowest Temperatures.
| City | 0 °F -18 °C | 10 °F -12 °C |
|---|---|---|
| Chicago, Illinois | 4 | 16 |
| Detroit, Michigan | 4 | 16 |
| Kansas City, Missouri | 4 | 15 |
| Rochester, New York | 4 | 19 |
Which US state is better to live in?
Best States 2021
- #1. Washington.
- #2. Minnesota.
- #3. Utah.
- #4. New Hampshire.
- #5. Idaho.
What is the cheapest and safest state to live in?
Settle down in Augusta, Georgia
Augusta, a small city near Georgia’s border with South Carolina, is one of the cheapest and safest places to live in the USA. It has a low crime rate and a low cost of living, making it perfect for those looking to live comfortably and save money.
