Holly township, MI Cost of Living


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Holly township cost of living score
104.9
More expensive
4.9% higher
than the US average
14.6% higher
than the Michigan average
Holly township, Michigan gets a BestPlaces Cost of Living score of 104.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 4.9% higher than the U.S. average and 14.6% higher than the average for Michigan.

Holly township, MI

Housing costs in Holly township?
A typical home costs $226,700, which is 32.9% less expensive than the national average of $338,100 and 3.7% more expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Holly township costs $1,210 per month, which is 15.4% cheaper than the national average of $1,430 and 9.1% more than the state average of $1,100.

Can I afford Holly township?
To live comfortably in Holly township, Michigan, a minimum annual income of $43,560 for a family, and $38,000 for a single person is recommended.

What does A.I. say about Holly township?
Holly Township, MI has a relatively low cost of living compared to most other places in the United States. The median home value is around $152,500 and the median rent is $769. The average cost of groceries, utilities, and transportation is all relatively low. In addition, taxes are comparatively lower than many other states as well, making it an attractive place to live for those looking for a great balance of affordability and quality of life.
   Cost of living score
     CategoriesHolly townshipMichiganUnited States
  104.991.5100.0
  96.893.4100
  79.984.8100.0
  78.571.2100.0
  $226,700$218,700$338,100
  101.5%100.1%100.0%
  129.3115.1100.0
  124.995.9100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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