Masonville, MI Cost of Living


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Masonville cost of living score
79.6
Less expensive
20.4% lower
than the US average
13.0% lower
than the Michigan average
Masonville, Michigan gets a BestPlaces Cost of Living score of 79.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 20.4% lower than the U.S. average and 13.0% higher than the average for Michigan.

Masonville, MI

Housing costs in Masonville?
A typical home costs $158,900, which is 53.0% less expensive than the national average of $338,100 and 27.3% less expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Masonville costs $820 per month, which is 42.7% more than the national average of $1,430 and 34.1% more than the state average of $1,100.

Can I afford Masonville?
To live comfortably in Masonville, Michigan, a minimum annual income of $30,600 for a family, and $24,800 for a single person is recommended.

What does A.I. say about Masonville?
Masonville, MI is a great place to live, with a cost of living that is quite affordable. The city has a variety of housing options from single-family homes to modern apartments, all at very reasonable prices. Utility costs in Masonville are also quite low when compared to other cities. Transportation options are good, with local bus and train service making it easy to get around. Groceries and other necessities are also reasonably priced in Masonville. All-in-all, the cost of living in Masonville is quite reasonable for those looking for an affordable place to call home.
   Cost of living score
     CategoriesMasonvilleMichiganUnited States
  79.691.5100.0
  90.493.4100
  121.584.8100.0
  35.071.2100.0
  $158,900$218,700$338,100
  121.7%100.1%100.0%
  108.6115.1100.0
  92.695.9100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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