Williamstown, MI Cost of Living


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How much do I need to live in Williamstown, Michigan?
$5,820 / month
for a family, 7.8% more expensive than the national average A total of $69,840 for the year for a family.
$2,733 / month
for a single person, 42.7% less expensive than the national average A total of $32,800 for the year for a single person.

Williamstown cost of living score
83.6
Less expensive
16.4% lower
than the US average
8.6% lower
than the Michigan average
Williamstown, Michigan gets a BestPlaces Cost of Living score of 83.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 16.4% lower than the U.S. average and 8.6% higher than the average for Michigan.

Williamstown, MI

Housing costs in Williamstown?
A typical home costs $364,900, which is 7.9% more expensive than the national average of $338,100 and 66.8% more expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Williamstown 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 Williamstown?
To live comfortably in Williamstown, Michigan, a minimum annual income of $69,840 for a family, and $32,800 for a single person is recommended.

What does A.I. say about Williamstown?
Williamstown, MI has an affordable cost of living. The median home price in the town is $68,600, which is lower than the state and national averages. Additionally, the cost of goods and services in Williamstown is about 11% lower than the U.S. average. Furthermore, with no income tax rate and a low sales tax rate, residents are able to keep more of their hard-earned money. With all these factors in mind, it makes Williamstown an attractive place to live for those looking for an affordable cost of living.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesWilliamstownMichiganUnited States
    Unlock91.5100.0
  97.0  Unlock100.0
    Unlock84.8100.0
  82.1  Unlock100.0
    Unlock$218,700$338,100
  98.8  Unlock100.0
    Unlock115.1100.0
  108.5  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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