Gladstone, MI Cost of Living


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Gladstone cost of living score
79.6
Less expensive
20.4% lower
than the US average
13.0% lower
than the Michigan average
Gladstone, Michigan gets a BestPlaces Cost of Living score of 79.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 20.4% lower than the U.S. average and 13.0% higher than the average for Michigan.

Gladstone, MI

Housing costs in Gladstone?
A typical home costs $132,900, which is 60.7% less expensive than the national average of $338,100 and 39.2% less expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Gladstone costs $810 per month, which is 43.4% cheaper than the national average of $1,430 and 35.8% cheaper than the state average of $1,100.

Can I afford Gladstone?
To live comfortably in Gladstone, Michigan, a minimum annual income of $25,560 for a family, and $24,400 for a single person is recommended.

What does A.I. say about Gladstone?
The cost of living in Gladstone, MI is quite reasonable compared to other parts of the country. The median home value is currently around $117,500 which is much lower than the national average. Additionally, the median household income in Gladstone is just above $40,000 and the average rental rate stands at about $650 per month. For those looking to save money while still enjoying a high quality of life, Gladstone offers an affordable option with numerous amenities nearby.
   Cost of living score
     CategoriesGladstoneMichiganUnited States
  79.691.5100.0
  89.893.4100
  121.584.8100.0
  44.971.2100.0
  $132,900$218,700$338,100
  121.7%100.1%100.0%
  86.9115.1100.0
  92.595.9100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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