Caberfae, MI Cost of Living


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Caberfae cost of living score
76.7
Less expensive
23.3% lower
than the US average
16.2% lower
than the Michigan average
Caberfae, Michigan gets a BestPlaces Cost of Living score of 76.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 23.3% lower than the U.S. average and 16.2% higher than the average for Michigan.

Caberfae, MI

Housing costs in Caberfae?
A typical home costs $147,500, which is 56.4% less expensive than the national average of $338,100 and 32.6% less expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Caberfae costs $870 per month, which is 39.2% cheaper than the national average of $1,430 and 26.4% cheaper than the state average of $1,100.

Can I afford Caberfae?
To live comfortably in Caberfae, Michigan, a minimum annual income of $28,440 for a family, and $27,200 for a single person is recommended.

What does A.I. say about Caberfae?
Caberfae, MI is known for its reasonable cost of living. The median home price in the area is around $143,000, well below the national average. Groceries, healthcare, and transportation costs are all relatively low compared to other cities in Michigan and the rest of the United States. In addition, taxes in Caberfae are lower than the state average for both sales and income taxes. All these factors combine to make Caberfae an affordable place to live with plenty of amenities.
   Cost of living score
     CategoriesCaberfaeMichiganUnited States
  76.791.5100.0
  91.293.4100
  85.384.8100.0
  49.171.2100.0
  $147,500$218,700$338,100
  98.3%100.1%100.0%
  86.1115.1100.0
  81.295.9100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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