Gaastra, MI Cost of Living


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United States / Michigan / No Metro Area / Iron County / Gaastra / Zip Codes

Gaastra cost of living score
79.3
Less expensive
20.7% lower
than the US average
13.3% lower
than the Michigan average
Gaastra, Michigan gets a BestPlaces Cost of Living score of 79.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 20.7% lower than the U.S. average and 13.3% higher than the average for Michigan.

Gaastra, MI

Housing costs in Gaastra?
A typical home costs $73,900, which is 78.1% less expensive than the national average of $338,100 and 66.2% less expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Gaastra costs $730 per month, which is 49.0% cheaper than the national average of $1,430 and 50.7% cheaper than the state average of $1,100.

Can I afford Gaastra?
To live comfortably in Gaastra, Michigan, a minimum annual income of $14,040 for a family, and $22,400 for a single person is recommended.

What does A.I. say about Gaastra?
The cost of living in Gaastra, MI is quite reasonable. The median home value is around $105,000, which is significantly lower than the national median of $184,700. Additionally, the median household income is approximately $44,000, and transportation costs are relatively low due to its close proximity to larger cities such as Saginaw and Lansing. The cost of utilities is also relatively affordable compared to other areas in Michigan. Overall, Gaastra is a great place to live with an affordable cost of living.
   Cost of living score
     CategoriesGaastraMichiganUnited States
  79.391.5100.0
  89.593.4100
  121.784.8100.0
  21.871.2100.0
  $73,900$218,700$338,100
  126.8%100.1%100.0%
  89.9115.1100.0
  88.295.9100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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