Bingham township (Clinton County), MI Cost of Living


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How much do I need to live in Bingham township (Clinton County), Michigan?
$4,230 / month
for a family, 21.7% less expensive than the national average A total of $50,760 for the year for a family.
$2,567 / month
for a single person, 46.2% less expensive than the national average A total of $30,800 for the year for a single person.

Bingham township (Clinton County) cost of living score
92.5
Less expensive
7.5% lower
than the US average
1.1% higher
than the Michigan average
Bingham township (Clinton County), Michigan gets a BestPlaces Cost of Living score of 92.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 7.5% lower than the U.S. average and 1.1% lower than the average for Michigan.

Bingham township (Clinton County), MI

Housing costs in Bingham township (Clinton County)?
A typical home costs $264,500, which is 21.8% less expensive than the national average of $338,100 and 20.9% more expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Bingham township (Clinton County) costs $940 per month, which is 34.3% more than the national average of $1,430 and 17.0% more than the state average of $1,100.

Can I afford Bingham township (Clinton County)?
To live comfortably in Bingham township (Clinton County), Michigan, a minimum annual income of $50,760 for a family, and $30,800 for a single person is recommended.

What does A.I. say about Bingham township (Clinton County)?
Bingham Township (Clinton County), MI is known for its relatively low cost of living. According to the US Census Bureau, the median household income in the area is just over $58,000 per year, which is lower than both the state and national averages. The median home value in the area is also well below the state average at just over $140,000. Additionally, most people in Bingham Township can expect to pay much less for groceries and gas than they might in other cities or towns in Michigan. All this makes it an attractive place to live for those looking to save money on their cost of living expenses.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesBingham township (Clinton County)MichiganUnited States
    Unlock91.5100.0
  94.4  Unlock100.0
    Unlock84.8100.0
  69.0  Unlock100.0
    Unlock$218,700$338,100
  99.1  Unlock100.0
    Unlock115.1100.0
  110.8  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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