New Buffalo township, MI Cost of Living


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New Buffalo township cost of living score
88.1
Less expensive
11.9% lower
than the US average
3.7% lower
than the Michigan average
New Buffalo township, Michigan gets a BestPlaces Cost of Living score of 88.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 11.9% lower than the U.S. average and 3.7% higher than the average for Michigan.

New Buffalo township, MI

Housing costs in New Buffalo township?
A typical home costs $709,700, which is 109.9% more expensive than the national average of $338,100 and 224.5% more expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in New Buffalo township costs $1,010 per month, which is 29.4% cheaper than the national average of $1,430 and 8.9% cheaper than the state average of $1,100.

Can I afford New Buffalo township?
To live comfortably in New Buffalo township, Michigan, a minimum annual income of $136,080 for a family, and $31,200 for a single person is recommended.

What does A.I. say about New Buffalo township?
The cost of living in New Buffalo Township, MI is relatively low compared to other local cities and towns. Housing costs are especially affordable with median home prices remaining below $500,000 and rent for a one bedroom apartment averaging at around $800/month. Additionally, groceries, healthcare, and utilities are all affordably priced. Although the township does not have many in-town amenities like restaurants or movie theaters, a short drive into nearby cities will provide access to a wider range of options. All together, New Buffalo Township is an ideal place for those looking for a comfortable lifestyle without breaking the bank.
   Cost of living score
     CategoriesNew Buffalo townshipMichiganUnited States
  88.191.5100.0
  98.893.4100
  92.184.8100.0
  146.171.2100.0
  $709,700$218,700$338,100
  86.2%100.1%100.0%
  112.0115.1100.0
  93.795.9100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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