Mundy, MI Cost of Living


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Mundy cost of living score
85.1
Less expensive
14.9% lower
than the US average
7.0% lower
than the Michigan average
Mundy, Michigan gets a BestPlaces Cost of Living score of 85.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 14.9% lower than the U.S. average and 7.0% higher than the average for Michigan.

Mundy, MI

Housing costs in Mundy?
A typical home costs $204,200, which is 39.6% less expensive than the national average of $338,100 and 6.6% less expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Mundy costs $1,030 per month, which is 28.0% cheaper than the national average of $1,430 and 6.8% cheaper than the state average of $1,100.

Can I afford Mundy?
To live comfortably in Mundy, Michigan, a minimum annual income of $39,240 for a family, and $32,800 for a single person is recommended.

What does A.I. say about Mundy?
The cost of living in Mundy, MI is quite affordable. The median home cost in the city sits around $140,000, making it a great option for people looking to buy a home without breaking the bank. Additionally, the median household income is very reasonable at around $54,500, allowing residents to live comfortably and afford all that they need. Groceries are also relatively inexpensive with an average grocery bill coming in just under $100 for a family of four. Utilities such as water and electricity are also quite cheap compared to other parts of the country. All of these factors make Mundy, MI an ideal place to live for those looking for affordability without sacrificing quality of living.
   Cost of living score
     CategoriesMundyMichiganUnited States
  85.191.5100.0
  93.393.4100
  78.684.8100.0
  66.371.2100.0
  $204,200$218,700$338,100
  100.5%100.1%100.0%
  106.8115.1100.0
  101.195.9100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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