Hudson, MI Cost of Living


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Hudson cost of living score
85.4
Less expensive
14.6% lower
than the US average
6.7% lower
than the Michigan average
Hudson, Michigan gets a BestPlaces Cost of Living score of 85.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 14.6% lower than the U.S. average and 6.7% higher than the average for Michigan.

Hudson, MI

Housing costs in Hudson?
A typical home costs $148,200, which is 56.2% less expensive than the national average of $338,100 and 32.2% less expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Hudson 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 Hudson?
To live comfortably in Hudson, Michigan, a minimum annual income of $28,440 for a family, and $27,600 for a single person is recommended.

What does A.I. say about Hudson?
The cost of living in Hudson, MI is relatively low compared to other areas of the state and the nation. According to Sperling's Best Places, the overall cost of living index for Hudson is 77.1, which is 22.9 points lower than the national average. Housing costs are especially affordable in Hudson, with a median home price of $124,000 and rents averaging about $800 per month. Groceries are also reasonably priced, and utilities come in slightly below the national average. Overall, Hudson residents can enjoy a comfortable lifestyle without breaking the bank.
   Cost of living score
     CategoriesHudsonMichiganUnited States
  85.491.5100.0
  93.693.4100
  93.884.8100.0
  45.571.2100.0
  $148,200$218,700$338,100
  102.7%100.1%100.0%
  89.0115.1100.0
  91.995.9100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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