Armada, MI  Cost of Living

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Armada, MI Cost of Living

Armada, Michigan gets a BestPlaces Cost of Living index of 97.9, which means the total cost of housing, food, child care, transportation, health care, taxes, and other necessities is 2.1 percent lower than the U.S. average and 7.0 percent lower than the average for Michigan.

A typical home costs $285,900, which is 15.4 percent less expensive than the national average of $338,100 and 30.7 percent more expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Armada costs $1,080 per month, which is 24.5 percent cheaper than the national average of $1,430 and close to the state average of $1,100.

To live comfortably in Armada, Michigan, a minimum annual income of $54,720 for a family, and $34,000 for a single person is recommended.

Our cost of living indices are based on a US average of 100. An amount below 100 means Armada is cheaper than the US average. A cost of living index above 100 means Armada, Michigan is more expensive.

Armada cost of living is 97.9

COST OF LIVINGArmadaMichiganUSA
  97.991.5100
  97.693.4100
  80.484.8100
  100.671.2100
  $285,900$218,700$338,100
  98.7100.1100
  146.3115.1100
  108.695.9100
100=National Average
AVERAGE RENT BY BEDROOM SIZE
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