Dexter township, MI Cost of Living


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Dexter township cost of living score
105.5
More expensive
5.5% higher
than the US average
15.3% higher
than the Michigan average
Dexter township, Michigan gets a BestPlaces Cost of Living score of 105.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 5.5% higher than the U.S. average and 15.3% higher than the average for Michigan.

Dexter township, MI

Housing costs in Dexter township?
A typical home costs $483,700, which is 43.1% more expensive than the national average of $338,100 and 121.2% more expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Dexter township costs $1,430 per month, which is 0.0% cheaper than the national average of $1,430 and 23.1% more than the state average of $1,100.

Can I afford Dexter township?
To live comfortably in Dexter township, Michigan, a minimum annual income of $92,520 for a family, and $48,000 for a single person is recommended.

What does A.I. say about Dexter township?
Dexter Township, MI is a great place to call home for those looking for an affordable cost of living. According to BestPlaces, the cost of living in Dexter Township is 8% lower than the average state of Michigan and 13% lower than the national average. This makes it a great option for those who are on a budget but still want access to many of the amenities available in larger cities nearby. The median home value is $265,700, which is slightly higher than the US average but still quite reasonable when compared to big cities like Detroit and Lansing. Groceries, transportation, healthcare and other everyday necessities are also very affordable when compared across the state and nation.
   Cost of living score
     CategoriesDexter townshipMichiganUnited States
  105.591.5100.0
  100.493.4100
  80.984.8100.0
  138.871.2100.0
  $483,700$218,700$338,100
  100.3%100.1%100.0%
  118.7115.1100.0
  131.095.9100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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