Chester township (Eaton County), MI Cost of Living


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Chester township (Eaton County) cost of living score
87.7
Less expensive
12.3% lower
than the US average
4.2% lower
than the Michigan average
Chester township (Eaton County), Michigan gets a BestPlaces Cost of Living score of 87.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 12.3% lower than the U.S. average and 4.2% higher than the average for Michigan.

Chester township (Eaton County), MI

Housing costs in Chester township (Eaton County)?
A typical home costs $242,800, which is 28.2% less expensive than the national average of $338,100 and 11.0% more expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Chester township (Eaton County) costs $970 per month, which is 32.2% more than the national average of $1,430 and 13.4% more than the state average of $1,100.

Can I afford Chester township (Eaton County)?
To live comfortably in Chester township (Eaton County), Michigan, a minimum annual income of $46,440 for a family, and $31,600 for a single person is recommended.

What does A.I. say about Chester township (Eaton County)?
The cost of living in Chester Township (Eaton County), MI is quite affordable. The median home value is approximately $125,000, which is relatively low compared to other areas in the county. Additionally, the median household income of around $60,000 gives residents plenty of purchasing power for everyday items. Prices for goods and services are competitive and comparable to those found in larger cities nearby. Property taxes are reasonable, making it an ideal place to live for families looking for a reasonably priced home without sacrificing quality or amenities. Overall, Chester Township provides a great quality of life at an affordable price.
   Cost of living score
     CategoriesChester township (Eaton County)MichiganUnited States
  87.791.5100.0
  93.693.4100
  87.384.8100.0
  64.471.2100.0
  $242,800$218,700$338,100
  99.1%100.1%100.0%
  109.9115.1100.0
  89.995.9100.0

   100=National Average

   Average Rent by Bedroom Size
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