Wheatfield, MI Cost of Living


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Wheatfield cost of living score
83.6
Less expensive
16.4% lower
than the US average
8.6% lower
than the Michigan average
Wheatfield, 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.

Wheatfield, MI

Housing costs in Wheatfield?
A typical home costs $337,700, which is 0.1% less expensive than the national average of $338,100 and 54.4% more expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Wheatfield costs $1,050 per month, which is 26.6% cheaper than the national average of $1,430 and 4.8% cheaper than the state average of $1,100.

Can I afford Wheatfield?
To live comfortably in Wheatfield, Michigan, a minimum annual income of $64,800 for a family, and $34,000 for a single person is recommended.

What does A.I. say about Wheatfield?
The cost of living in Wheatfield, MI is quite affordable. The median income in the area is slightly lower than the national average, but this is offset by the low cost of housing and other expenses. The average home price in Wheatfield is approximately $90,000, with rental prices averaging around $800 a month. Additionally, residents have access to an array of discount stores and local markets for food and other necessities. Transportation costs are also relatively low due to the city's close proximity to several major highways and airports. All in all, Wheatfield offers a low cost of living that can enable families and individuals to live comfortably on a modest budget.
   Cost of living score
     CategoriesWheatfieldMichiganUnited States
  83.691.5100.0
  9793.4100
  87.984.8100.0
  106.171.2100.0
  $337,700$218,700$338,100
  98.3%100.1%100.0%
  100.7115.1100.0
  107.995.9100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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