Bridgman, MI Cost of Living


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Bridgman cost of living score
88.1
Less expensive
11.9% lower
than the US average
3.7% lower
than the Michigan average
Bridgman, Michigan gets a BestPlaces Cost of Living score of 88.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 11.9% lower than the U.S. average and 3.7% higher than the average for Michigan.

Bridgman, MI

Housing costs in Bridgman?
A typical home costs $269,400, which is 20.3% less expensive than the national average of $338,100 and 23.2% more expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Bridgman costs $990 per month, which is 30.8% cheaper than the national average of $1,430 and 11.1% cheaper than the state average of $1,100.

Can I afford Bridgman?
To live comfortably in Bridgman, Michigan, a minimum annual income of $51,480 for a family, and $30,400 for a single person is recommended.

What does A.I. say about Bridgman?
The cost of living in Bridgman, MI is relatively low, making it an attractive option for those looking to purchase a home. The median home value in Bridgman is approximately $127,000, which is below the national average of $180,000. In addition, the median household income in the area is around $45,082. This combined with the lower cost of living allows for residents to live comfortably while still having some money leftover to save or spend on leisure activities. Additionally, there are many local shops and restaurants that offer quality goods and services at a reasonable price. This makes Bridgman an ideal place to call home for those who want to stretch their dollar further.
   Cost of living score
     CategoriesBridgmanMichiganUnited States
  88.191.5100.0
  94.993.4100
  92.184.8100.0
  79.971.2100.0
  $269,400$218,700$338,100
  88.0%100.1%100.0%
  97.9115.1100.0
  93.495.9100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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