Oscoda, MI Cost of Living


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United States / Michigan / No Metro Area / Iosco County / Oscoda / Zip Codes

Oscoda cost of living score
74.9
Less expensive
25.1% lower
than the US average
18.1% lower
than the Michigan average
Oscoda, Michigan gets a BestPlaces Cost of Living score of 74.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 25.1% lower than the U.S. average and 18.1% higher than the average for Michigan.

Oscoda, MI

Housing costs in Oscoda?
A typical home costs $118,500, which is 65.0% less expensive than the national average of $338,100 and 45.8% less expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Oscoda costs $830 per month, which is 42.0% cheaper than the national average of $1,430 and 32.5% cheaper than the state average of $1,100.

Can I afford Oscoda?
To live comfortably in Oscoda, Michigan, a minimum annual income of $22,680 for a family, and $27,600 for a single person is recommended.

What does A.I. say about Oscoda?
Oscoda, MI is a small but thriving city that offers its residents an affordable cost of living. With median home prices hovering around $135,000 and median rent at around $650 per month, Oscoda is one of the more affordable places to live in Michigan. Other monthly costs like electricity and water are relatively low and property taxes are also lower than average. All this makes Oscoda an attractive place for those looking to stretch their budget while still enjoying all the amenities that come with living in a small town.
   Cost of living score
     CategoriesOscodaMichiganUnited States
  74.991.5100.0
  88.793.4100
  88.884.8100.0
  24.171.2100.0
  $118,500$218,700$338,100
  99.9%100.1%100.0%
  90.1115.1100.0
  81.795.9100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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