Thompsonville, MI Cost of Living


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Thompsonville cost of living score
89.2
Less expensive
10.8% lower
than the US average
2.5% lower
than the Michigan average
Thompsonville, Michigan gets a BestPlaces Cost of Living score of 89.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 10.8% lower than the U.S. average and 2.5% higher than the average for Michigan.

Thompsonville, MI

Housing costs in Thompsonville?
A typical home costs $221,000, which is 34.6% less expensive than the national average of $338,100 and 1.1% more expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Thompsonville 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 Thompsonville?
To live comfortably in Thompsonville, Michigan, a minimum annual income of $42,480 for a family, and $30,800 for a single person is recommended.

What does A.I. say about Thompsonville?
The cost of living in Thompsonville, MI is relatively low compared to other cities across the country. The area is known for its affordable housing options, with the median home price being around $150,000. Additionally, food and transportation costs are also quite reasonable. Taxes are lower than the national average, and overall, the town offers a great quality of life at an affordable cost.
   Cost of living score
     CategoriesThompsonvilleMichiganUnited States
  89.291.5100.0
  91.493.4100
  84.384.8100.0
  62.771.2100.0
  $221,000$218,700$338,100
  93.6%100.1%100.0%
  96.1115.1100.0
  104.195.9100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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