Watervliet, MI Cost of Living


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Watervliet cost of living score
88.1
Less expensive
11.9% lower
than the US average
3.7% lower
than the Michigan average
Watervliet, 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.

Watervliet, MI

Housing costs in Watervliet?
A typical home costs $178,700, which is 47.1% less expensive than the national average of $338,100 and 18.3% less expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Watervliet costs $950 per month, which is 33.6% cheaper than the national average of $1,430 and 15.8% cheaper than the state average of $1,100.

Can I afford Watervliet?
To live comfortably in Watervliet, Michigan, a minimum annual income of $34,200 for a family, and $29,200 for a single person is recommended.

What does A.I. say about Watervliet?
Watervliet, MI is an affordable place to live compared to other cities in the US. The cost of living is slightly below the national average, with housing being its biggest expense at 13% below the national average. Groceries are also relatively inexpensive, and transportation costs are comparatively low. Utility costs are also about 5% lower than the US average, making it easy for families to manage their budgets. With all these factors in mind, Watervliet is a great choice for those looking for an affordable place to live.
   Cost of living score
     CategoriesWatervlietMichiganUnited States
  88.191.5100.0
  91.593.4100
  92.184.8100.0
  54.171.2100.0
  $178,700$218,700$338,100
  88.0%100.1%100.0%
  99.2115.1100.0
  93.395.9100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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