Carleton, MI Cost of Living


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Carleton cost of living score
91.5
Less expensive
8.5% lower
than the US average
0.0% lower
than the Michigan average
Carleton, Michigan gets a BestPlaces Cost of Living score of 91.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 8.5% lower than the U.S. average and 0.0% lower than the average for Michigan.

Carleton, MI

Housing costs in Carleton?
A typical home costs $263,300, which is 22.1% less expensive than the national average of $338,100 and 20.4% more expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Carleton costs $1,000 per month, which is 30.1% cheaper than the national average of $1,430 and 10.0% cheaper than the state average of $1,100.

Can I afford Carleton?
To live comfortably in Carleton, Michigan, a minimum annual income of $50,400 for a family, and $30,800 for a single person is recommended.

What does A.I. say about Carleton?
The cost of living in Carleton, MI is quite reasonable. The median home value is around $180,000, which is lower than the national median. In addition, the cost of food and groceries in Carleton is generally within 10-15% of the national average. Utilities such as electricity and water are also affordable, as are healthcare costs. All in all, Carleton provides an excellent quality of life at a very reasonable price.
   Cost of living score
     CategoriesCarletonMichiganUnited States
  91.591.5100.0
  96.193.4100
  85.684.8100.0
  90.071.2100.0
  $263,300$218,700$338,100
  102.1%100.1%100.0%
  115.8115.1100.0
  96.195.9100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Carleton
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Over 16 years ago

That's very surpising. I've lived here all my life and I have never heard of anything serious, no murder or property damage. Carelton is a VERY safe place to live, very  More

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Over 16 years ago

That's very surpising. I've lived here all my life and I have never heard of anything serious, no murder or property damage. Carelton is a VERY safe place to live, very  More

   |    Reply

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