Stockbridge township, MI Cost of Living


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Stockbridge township cost of living score
83.6
Less expensive
16.4% lower
than the US average
8.6% lower
than the Michigan average
Stockbridge township, Michigan gets a BestPlaces Cost of Living score of 83.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 16.4% lower than the U.S. average and 8.6% higher than the average for Michigan.

Stockbridge township, MI

Housing costs in Stockbridge township?
A typical home costs $240,900, which is 28.7% less expensive than the national average of $338,100 and 10.2% more expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Stockbridge township costs $1,070 per month, which is 25.2% cheaper than the national average of $1,430 and 2.8% cheaper than the state average of $1,100.

Can I afford Stockbridge township?
To live comfortably in Stockbridge township, Michigan, a minimum annual income of $46,080 for a family, and $34,800 for a single person is recommended.

What does A.I. say about Stockbridge township?
Living in Stockbridge Township, MI is relatively affordable and provides an excellent quality of life. The median home cost is just over $180,000, providing residents with a wide selection of homes at a reasonable price. The cost of living index is significantly lower than the national average and even lower than some other nearby cities in Michigan. Utilities are also very reasonably priced compared to larger cities. Additionally, there are several local businesses and dining options available that make it easy to enjoy all the area has to offer without breaking the bank.
   Cost of living score
     CategoriesStockbridge townshipMichiganUnited States
  83.691.5100.0
  94.793.4100
  87.984.8100.0
  67.871.2100.0
  $240,900$218,700$338,100
  99.4%100.1%100.0%
  119.0115.1100.0
  108.295.9100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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