Summit township (Jackson County), MI Cost of Living


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United States / Michigan / Jackson Metro Area / Jackson County / Summit township (Jackson County) / Zip Codes

Summit township (Jackson County) cost of living score
85.3
Less expensive
14.7% lower
than the US average
6.8% lower
than the Michigan average
Summit township (Jackson County), Michigan gets a BestPlaces Cost of Living score of 85.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 14.7% lower than the U.S. average and 6.8% higher than the average for Michigan.

Summit township (Jackson County), MI

Housing costs in Summit township (Jackson County)?
A typical home costs $201,100, which is 40.5% less expensive than the national average of $338,100 and 8.0% less expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Summit township (Jackson County) costs $1,020 per month, which is 28.7% cheaper than the national average of $1,430 and 7.8% cheaper than the state average of $1,100.

Can I afford Summit township (Jackson County)?
To live comfortably in Summit township (Jackson County), Michigan, a minimum annual income of $38,520 for a family, and $34,400 for a single person is recommended.

What does A.I. say about Summit township (Jackson County)?
equestId:e2c476bd-cb8d-41d4-9eba-fac875706239,resource:content,data:[{id:txt_c41b2fff30d54331b1b4c3b8c51770e9,text:\n \nSummit Township (Jackson County), MI is a great place to live with an affordable cost of living. The median home value is $100,222 and the median rental price is $769 per month. The housing market in Summit Township has also seen a steady increase in recent years, making it an attractive option for those looking to purchase a home or rent in the area. Additionally, the overall cost of goods and services in Summit Township are lower than the national average, providing even more incentive to call this township home.
   Cost of living score
     CategoriesSummit township (Jackson County)MichiganUnited States
  85.391.5100.0
  92.593.4100
  92.384.8100.0
  36.971.2100.0
  $201,100$218,700$338,100
  100.5%100.1%100.0%
  91.1115.1100.0
  88.795.9100.0

   100=National Average

   Average Rent by Bedroom Size
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