Eastwood, MI Cost of Living


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How much do I need to live in Eastwood, Michigan?
$1,950 / month
for a family, 63.9% less expensive than the national average A total of $23,400 for the year for a family.
$2,867 / month
for a single person, 39.9% less expensive than the national average A total of $34,400 for the year for a single person.

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

Eastwood, MI

Housing costs in Eastwood?
A typical home costs $121,900, which is 63.9% less expensive than the national average of $338,100 and 44.3% less expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Eastwood costs $1,060 per month, which is 25.9% cheaper than the national average of $1,430 and 3.8% cheaper than the state average of $1,100.

Can I afford Eastwood?
To live comfortably in Eastwood, Michigan, a minimum annual income of $23,400 for a family, and $34,400 for a single person is recommended.

What does A.I. say about Eastwood?
The cost of living in Eastwood, MI is quite affordable. The median home cost is $213,000 and the median rent for a one-bedroom apartment is $800 per month. Groceries, utilities, and healthcare are also comparable to the national average. Additionally, Eastwood has no sales tax, which makes it even more attractive for potential buyers. Overall, people who move to Eastwood can expect to pay an affordable amount for their housing needs without sacrificing too much in other areas.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesEastwoodMichiganUnited States
    Unlock91.5100.0
  92.5  Unlock100.0
    Unlock84.8100.0
  43.9  Unlock100.0
    Unlock$218,700$338,100
  101.1  Unlock100.0
    Unlock115.1100.0
  104.4  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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