Ford River, MI Cost of Living


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Ford River cost of living score
79.6
Less expensive
20.4% lower
than the US average
13.0% lower
than the Michigan average
Ford River, Michigan gets a BestPlaces Cost of Living score of 79.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 20.4% lower than the U.S. average and 13.0% higher than the average for Michigan.

Ford River, MI

Housing costs in Ford River?
A typical home costs $159,000, which is 53.0% less expensive than the national average of $338,100 and 27.3% less expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Ford River costs $840 per month, which is 41.3% more than the national average of $1,430 and 31.0% more than the state average of $1,100.

Can I afford Ford River?
To live comfortably in Ford River, Michigan, a minimum annual income of $30,600 for a family, and $25,600 for a single person is recommended.

What does A.I. say about Ford River?
The cost of living in Ford River, MI is relatively low compared to other parts of the country. The median home value is $106,700, which is significantly lower than the national median value of $231,200. Additionally, the cost of groceries and healthcare are both cheaper than the U.S. average. The overall cost of living in Ford River, MI is 8% lower than the national average. This makes it an attractive option for those looking for a more affordable place to live that still offers plenty of amenities and activities to enjoy.
   Cost of living score
     CategoriesFord RiverMichiganUnited States
  79.691.5100.0
  90.293.4100
  121.584.8100.0
  47.271.2100.0
  $159,000$218,700$338,100
  117.6%100.1%100.0%
  87.1115.1100.0
  92.495.9100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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