Thetford, MI Cost of Living


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Thetford cost of living score
85.1
Less expensive
14.9% lower
than the US average
7.0% lower
than the Michigan average
Thetford, 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.

Thetford, MI

Housing costs in Thetford?
A typical home costs $174,900, which is 48.3% less expensive than the national average of $338,100 and 20.0% less expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Thetford costs $830 per month, which is 42.0% more than the national average of $1,430 and 32.5% more than the state average of $1,100.

Can I afford Thetford?
To live comfortably in Thetford, Michigan, a minimum annual income of $33,480 for a family, and $26,400 for a single person is recommended.

What does A.I. say about Thetford?
The cost of living in Thetford, MI is fairly low compared to other parts of the state. The median home price in Thetford is around $120,000, which is significantly lower than the statewide median. Additionally, goods and services such as groceries, transportation costs, and utilities are all relatively inexpensive when compared to similar areas in Michigan. As a result, those looking for an affordable place to live should definitely consider Thetford as a potential destination.
   Cost of living score
     CategoriesThetfordMichiganUnited States
  85.191.5100.0
  92.393.4100
  78.684.8100.0
  56.271.2100.0
  $174,900$218,700$338,100
  101.0%100.1%100.0%
  119.9115.1100.0
  101.395.9100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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