Wolverine, MI Cost of Living


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United States / Michigan / No Metro Area / Cheboygan County / Wolverine / Zip Codes

Wolverine cost of living score
83.3
Less expensive
16.7% lower
than the US average
9.0% lower
than the Michigan average
Wolverine, Michigan gets a BestPlaces Cost of Living score of 83.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 16.7% lower than the U.S. average and 9.0% higher than the average for Michigan.

Wolverine, MI

Housing costs in Wolverine?
A typical home costs $114,200, which is 66.2% less expensive than the national average of $338,100 and 47.8% less expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Wolverine costs $850 per month, which is 40.6% cheaper than the national average of $1,430 and 29.4% cheaper than the state average of $1,100.

Can I afford Wolverine?
To live comfortably in Wolverine, Michigan, a minimum annual income of $21,960 for a family, and $26,000 for a single person is recommended.

What does A.I. say about Wolverine?
The cost of living in Wolverine, MI is quite reasonable. Prices for basic necessities such as groceries and housing are comparable to the national average, meaning residents don't have to pay a premium to live in the area. There are many affordable housing options available, from cozy single-family homes with ample outdoor space to newly built townhouses and apartments that offer easy access to amenities. The region also boasts a low unemployment rate, which helps keep costs down since more people are able to find good-paying jobs. Overall, Wolverine is an ideal place for families and professionals who want to get the most out of their money without sacrificing quality of life.
   Cost of living score
     CategoriesWolverineMichiganUnited States
  83.391.5100.0
  90.493.4100
  87.084.8100.0
  44.271.2100.0
  $114,200$218,700$338,100
  101.6%100.1%100.0%
  99.4115.1100.0
  84.795.9100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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