GITNUX MARKETDATA REPORT 2024

Statistics About The Average Cost Of Living In Michigan

The average cost of living in Michigan is slightly below the national average.

In this post, we will explore the average cost of living in Michigan through various statistics. From housing to groceries, utilities, transportation, and leisure activities, we will break down the key expenses that residents in Michigan typically incur. Understanding these cost factors can provide valuable insights for individuals considering a move to or within the state.

Statistic 1

"The cost of living index in Michigan is 89.6 which is below the US average of 100."

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Statistic 2

"The median home cost in Michigan is $169,600."

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Statistic 3

"Average utility costs in Michigan are around $143.14 per month."

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Statistic 4

"The average grocery costs in Michigan are about 6% lower than the national average."

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Statistic 5

"The average cost of a meal at an inexpensive restaurant in Michigan is $12.50."

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Statistic 6

"The average cost of gasoline per gallon is $2.82 in Michigan."

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Statistic 7

"Health care costs in Michigan are about 1% lower than the national average."

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Statistic 8

"Monthly transportation costs in Michigan average about $388 for a person with no dependents."

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Statistic 9

"The average monthly cost of internet in Michigan is $65."

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Statistic 10

"The average monthly cost of childcare in a center for an infant in Michigan is $1,115."

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Statistic 11

"The average monthly cost for a gym membership in Michigan is $35."

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Statistic 12

"The average cost of a domestic beer (0.5 liters draught) in Michigan is $4."

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Statistic 13

"The average monthly utility cost for a 915 square foot apartment in Michigan is $129.82."

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Statistic 14

"Average cost for a pair of Jeans (Levis 501 Or Similar) in Michigan is $42."

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Statistic 15

"The average monthly cost of auto insurance in Michigan is $238."

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Statistic 16

"The average cost of a pack of cigarettes in Michigan is $8."

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Statistic 17

"The cost of a monthly public transport ticket in Michigan is $50."

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Statistic 18

"Average cost of a basic dinner out for two in a neighborhood pub in Michigan is $40."

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In conclusion, the statistics reveal that living in Michigan is generally more affordable compared to the national average. With a cost of living index below the US average, lower median home costs, utilities, groceries, and healthcare expenses, along with reasonable costs for dining out, transportation, internet, and leisure activities, Michigan offers a cost-effective lifestyle for residents. However, there are also higher costs for certain items such as childcare, gym memberships, auto insurance, and cigarettes. Overall, the data suggests that Michigan provides a balanced mix of affordability and quality of life for its residents.

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