Lodi, MI Cost of Living


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Lodi cost of living score
105.5
More expensive
5.5% higher
than the US average
15.3% higher
than the Michigan average
Lodi, Michigan gets a BestPlaces Cost of Living score of 105.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 5.5% higher than the U.S. average and 15.3% higher than the average for Michigan.

Lodi, MI

Housing costs in Lodi?
A typical home costs $531,400, which is 57.2% more expensive than the national average of $338,100 and 143.0% more expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Lodi costs $1,420 per month, which is 0.7% cheaper than the national average of $1,430 and 22.5% more than the state average of $1,100.

Can I afford Lodi?
To live comfortably in Lodi, Michigan, a minimum annual income of $101,880 for a family, and $47,200 for a single person is recommended.

What does A.I. say about Lodi?
The cost of living in Lodi, MI is fairly affordable. The median home price is just over $100,000 and the cost of living index is well below the national average. In addition, groceries and health care are both slightly lower than the national average. On top of that, taxes are, in general, lower than many other parts of the state. All this combined makes Lodi a great option for those looking to live in Michigan on a budget.
   Cost of living score
     CategoriesLodiMichiganUnited States
  105.591.5100.0
  101.693.4100
  80.984.8100.0
  162.671.2100.0
  $531,400$218,700$338,100
  100.3%100.1%100.0%
  109.5115.1100.0
  131.095.9100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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