Marshall township, MI Cost of Living


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Marshall township cost of living score
82.5
Less expensive
17.5% lower
than the US average
9.8% lower
than the Michigan average
Marshall township, Michigan gets a BestPlaces Cost of Living score of 82.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 17.5% lower than the U.S. average and 9.8% higher than the average for Michigan.

Marshall township, MI

Housing costs in Marshall township?
A typical home costs $255,500, which is 24.4% less expensive than the national average of $338,100 and 16.8% more expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Marshall township costs $950 per month, which is 33.6% more than the national average of $1,430 and 15.8% more than the state average of $1,100.

Can I afford Marshall township?
To live comfortably in Marshall township, Michigan, a minimum annual income of $48,960 for a family, and $30,400 for a single person is recommended.

What does A.I. say about Marshall township?
The cost of living in Marshall Township, MI is relatively low compared to other parts of the country. The median home value in Marshall Township is $100,000, which is significantly lower than the national median of $219,700. Rent prices are also reasonably low and range from $500-$1000 per month. Property taxes are also lower than average and can be as low as 1% or 2%. Grocery expenses are typical for a Michigan town and transportation costs are also quite affordable due to the town’s proximity to the major cities of Detroit and Lansing. All in all, living in Marshall Township offers an affordable and easy lifestyle for those looking for a small-town feel with close access to major cities.
   Cost of living score
     CategoriesMarshall townshipMichiganUnited States
  82.591.5100.0
  93.793.4100
  94.484.8100.0
  67.571.2100.0
  $255,500$218,700$338,100
  100.6%100.1%100.0%
  97.6115.1100.0
  91.695.9100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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