Taylor, MI Cost of Living


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Taylor cost of living score
91.8
Less expensive
8.2% lower
than the US average
0.3% higher
than the Michigan average
Taylor, Michigan gets a BestPlaces Cost of Living score of 91.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 8.2% lower than the U.S. average and 0.3% lower than the average for Michigan.

Taylor, MI

Housing costs in Taylor?
A typical home costs $148,000, which is 56.2% less expensive than the national average of $338,100 and 32.3% less expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Taylor costs $1,060 per month, which is 25.9% cheaper than the national average of $1,430 and 3.8% cheaper than the state average of $1,100.

Can I afford Taylor?
To live comfortably in Taylor, Michigan, a minimum annual income of $28,440 for a family, and $33,200 for a single person is recommended.

What does A.I. say about Taylor?
The cost of living in Taylor, MI is 86.9, which is significantly lower than the US average cost of living which is 100. This means that although the median house value in Taylor, MI is $148000 compared to the US average of $338,100, its residents can benefit from a much lower cost of living. This makes Taylor, MI an attractive option for individuals and families looking to settle down in a place with relatively low costs and good housing options.
   Cost of living score
     CategoriesTaylorMichiganUnited States
  91.891.5100.0
  92.393.4100
  81.884.8100.0
  47.771.2100.0
  $148,000$218,700$338,100
  99.3%100.1%100.0%
  130.6115.1100.0
  113.595.9100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Taylor
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Over 11 years ago

Due to budget cuts, the city closed 2 fire departments and reduced the number of police patrols in the city. As a result the response time of service is longer for the  More

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