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BANKS vs. MURRAY
Cost of Living Comparison

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Cost of Living Calculator - Banks, Michigan vs Murray, Kentucky

The cost of living in Murray, Kentucky is 1.2% cheaper than Banks, Michigan.

You would need a salary of $49,422 in Murray, Kentucky to maintain the standard of living you have in Banks, Michigan.

Comparison highlights

• Overall, Murray, Kentucky is cheaper than Banks, Michigan
• Median Home Cost is the biggest factor in the cost of living difference.

Median Home Cost
35% cheaper in Murray
than in Banks, Michigan

Banks, MI vs Murray, KY

Compared to Banks, Murray is:

Homeowner

No Child Care, Taxes not Considered

1.2% lower

Child Care, Taxes not Considered

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Child Care, Taxes Considered

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No Child Care, Taxes Considered

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Renter

No Child Care, Taxes not Considered

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Child Care, Taxes not Considered

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Child Care, Taxes Considered

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Food

0.2% higher

Housing (Homeowner)

16.9% higher

Housing (Rent)

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Median Home Cost

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Utilities

3.9% lower

Commute

23.0% lower

Health

38.2% higher

Taxes

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Childcare

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Personal

5.5% lower

Cost of Food

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