Boon, MI Cost of Living


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Boon cost of living score
76.7
Less expensive
23.3% lower
than the US average
16.2% lower
than the Michigan average
Boon, Michigan gets a BestPlaces Cost of Living score of 76.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 23.3% lower than the U.S. average and 16.2% higher than the average for Michigan.

Boon, MI

Housing costs in Boon?
A typical home costs $177,300, which is 47.6% less expensive than the national average of $338,100 and 18.9% less expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Boon costs $880 per month, which is 38.5% cheaper than the national average of $1,430 and 25.0% cheaper than the state average of $1,100.

Can I afford Boon?
To live comfortably in Boon, Michigan, a minimum annual income of $33,840 for a family, and $27,600 for a single person is recommended.

What does A.I. say about Boon?
The cost of living in Boon, MI is relatively affordable compared to other towns and cities in Michigan. The median home price in Boon is just over $100,000, providing great affordability for people looking to purchase real estate. Additionally, the average cost of groceries is approximately 8-9% lower than the national average, making it attractive for those on a budget. Renters will also find that rental rates are quite reasonable in Boon and are lower than most other locations throughout Michigan. All things considered, the cost of living in Boon is very attractive for those on a budget or who need an affordable place to call home.
   Cost of living score
     CategoriesBoonMichiganUnited States
  76.791.5100.0
  90.993.4100
  85.384.8100.0
  48.571.2100.0
  $177,300$218,700$338,100
  98.3%100.1%100.0%
  86.1115.1100.0
  81.395.9100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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