Ira, MI Cost of Living


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Ira cost of living score
91.1
Less expensive
8.9% lower
than the US average
0.4% lower
than the Michigan average
Ira, Michigan gets a BestPlaces Cost of Living score of 91.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 8.9% lower than the U.S. average and 0.4% higher than the average for Michigan.

Ira, MI

Housing costs in Ira?
A typical home costs $306,900, which is 9.2% less expensive than the national average of $338,100 and 40.3% more expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Ira costs $1,160 per month, which is 18.9% cheaper than the national average of $1,430 and 5.2% more than the state average of $1,100.

Can I afford Ira?
To live comfortably in Ira, Michigan, a minimum annual income of $58,680 for a family, and $36,400 for a single person is recommended.

What does A.I. say about Ira?
The cost of living in Ira, MI is fairly low compared to surrounding cities and states. The median home price is around $130,000, which is quite a bit lower than the national average. Additionally, the average cost of utilities in Ira is roughly 8% lower than the US average. Groceries are also relatively inexpensive in Ira with the index being slightly below the national average. For those looking for an affordable place to live with easy access to amenities, Ira may be a great choice.
   Cost of living score
     CategoriesIraMichiganUnited States
  91.191.5100.0
  96.193.4100
  91.184.8100.0
  71.571.2100.0
  $306,900$218,700$338,100
  99.9%100.1%100.0%
  120.4115.1100.0
  95.395.9100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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