Cedar Springs, MI Cost of Living


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Cedar Springs cost of living score
94.5
Less expensive
5.5% lower
than the US average
3.3% higher
than the Michigan average
Cedar Springs, Michigan gets a BestPlaces Cost of Living score of 94.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 5.5% lower than the U.S. average and 3.3% lower than the average for Michigan.

Cedar Springs, MI

Housing costs in Cedar Springs?
A typical home costs $288,100, which is 14.8% less expensive than the national average of $338,100 and 31.7% more expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Cedar Springs costs $1,120 per month, which is 21.7% cheaper than the national average of $1,430 and close to the state average of $1,100.

Can I afford Cedar Springs?
To live comfortably in Cedar Springs, Michigan, a minimum annual income of $55,080 for a family, and $37,200 for a single person is recommended.

What does A.I. say about Cedar Springs?
The cost of living in Cedar Springs, MI is relatively low compared to other areas in the country. Housing is affordable, with a median home value of $136,400. The median monthly rent for a two-bedroom apartment is $808. Groceries are also reasonably priced with an average cost for a three-person household at about $650 per month. Additionally, the overall cost of living index in Cedar Springs is below the national average making it an attractive option for those seeking a more affordable lifestyle.
   Cost of living score
     CategoriesCedar SpringsMichiganUnited States
  94.591.5100.0
  95.693.4100
  81.284.8100.0
  86.471.2100.0
  $288,100$218,700$338,100
  100.0%100.1%100.0%
  111.1115.1100.0
  100.695.9100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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