Walton, MI Cost of Living


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Walton cost of living score
87.7
Less expensive
12.3% lower
than the US average
4.2% lower
than the Michigan average
Walton, Michigan gets a BestPlaces Cost of Living score of 87.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 12.3% lower than the U.S. average and 4.2% higher than the average for Michigan.

Walton, MI

Housing costs in Walton?
A typical home costs $234,300, which is 30.7% less expensive than the national average of $338,100 and 7.1% more expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Walton costs $910 per month, which is 36.4% more than the national average of $1,430 and 20.9% more than the state average of $1,100.

Can I afford Walton?
To live comfortably in Walton, Michigan, a minimum annual income of $45,000 for a family, and $29,600 for a single person is recommended.

What does A.I. say about Walton?
The cost of living in Walton, MI is very reasonable. The average home price is around $119,000 which makes it one of the most affordable places to live in the state. Additionally, groceries and other necessities are relatively low-cost compared to similar towns throughout Michigan. Utility bills tend to be average for the region due to relatively low taxes and government fees. In general, Walton is a great place to live on a budget as it is filled with both affordable housing and basic necessities.
   Cost of living score
     CategoriesWaltonMichiganUnited States
  87.791.5100.0
  93.293.4100
  87.384.8100.0
  46.671.2100.0
  $234,300$218,700$338,100
  100.1%100.1%100.0%
  109.8115.1100.0
  90.395.9100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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