Shelby charter, MI Cost of Living


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Shelby charter cost of living score
97.9
Less expensive
2.1% lower
than the US average
7.0% higher
than the Michigan average
Shelby charter, Michigan gets a BestPlaces Cost of Living score of 97.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 2.1% lower than the U.S. average and 7.0% lower than the average for Michigan.

Shelby charter, MI

Housing costs in Shelby charter?
A typical home costs $324,700, which is 4.0% less expensive than the national average of $338,100 and 48.5% more expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Shelby charter costs $1,350 per month, which is 5.6% cheaper than the national average of $1,430 and 18.5% more than the state average of $1,100.

Can I afford Shelby charter?
To live comfortably in Shelby charter, Michigan, a minimum annual income of $62,280 for a family, and $42,400 for a single person is recommended.

What does A.I. say about Shelby charter?
Shelby charter township, MI is situated in Macomb county Michigan. This area has a much lower cost of living than other parts of the state with an average home price hovering around $170,000 and rent being just over $900 per month. Grocery prices are also considered very reasonable when compared to similar areas in Michigan. Additionally, Shelby charter township enjoys an especially low unemployment rate due to its healthy economy.
   Cost of living score
     CategoriesShelby charterMichiganUnited States
  97.991.5100.0
  99.393.4100
  80.484.8100.0
  112.271.2100.0
  $324,700$218,700$338,100
  99.3%100.1%100.0%
  130.6115.1100.0
  108.895.9100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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