Climax township, MI Cost of Living


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Climax township cost of living score
87.7
Less expensive
12.3% lower
than the US average
4.2% lower
than the Michigan average
Climax township, 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.

Climax township, MI

Housing costs in Climax township?
A typical home costs $229,300, which is 32.2% less expensive than the national average of $338,100 and 4.8% more expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Climax township costs $1,010 per month, which is 29.4% cheaper than the national average of $1,430 and 8.9% cheaper than the state average of $1,100.

Can I afford Climax township?
To live comfortably in Climax township, Michigan, a minimum annual income of $43,920 for a family, and $32,400 for a single person is recommended.

What does A.I. say about Climax township?
The cost of living in Climax Township, MI is relatively low compared to the national average. The median home value is just over $107,000 and the median household income is around $45,000. Property taxes are also fairly low, with an effective rate of just over 1%. Utilities are affordable and there are several grocery and retail stores within close proximity making necessities easily accessible. This makes it a great option for those looking to relocate to a comfortable and affordable area.
   Cost of living score
     CategoriesClimax townshipMichiganUnited States
  87.791.5100.0
  94.593.4100
  91.484.8100.0
  56.771.2100.0
  $229,300$218,700$338,100
  101.5%100.1%100.0%
  104.4115.1100.0
  104.395.9100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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