Escanaba township, MI Cost of Living


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Escanaba township cost of living score
79.6
Less expensive
20.4% lower
than the US average
13.0% lower
than the Michigan average
Escanaba township, Michigan gets a BestPlaces Cost of Living score of 79.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 20.4% lower than the U.S. average and 13.0% higher than the average for Michigan.

Escanaba township, MI

Housing costs in Escanaba township?
A typical home costs $205,700, which is 39.2% less expensive than the national average of $338,100 and 5.9% less expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Escanaba township costs $810 per month, which is 43.4% more than the national average of $1,430 and 35.8% more than the state average of $1,100.

Can I afford Escanaba township?
To live comfortably in Escanaba township, Michigan, a minimum annual income of $39,240 for a family, and $24,400 for a single person is recommended.

What does A.I. say about Escanaba township?
The cost of living in Escanaba Township, MI is generally quite reasonable compared to the national average. The median home value for homes in Escanaba Township is $110,500, which is significantly lower than the national median home value of $183,200. In addition, the estimated median household income in Escanaba Township is $45,711, which is slightly lower than the national median household income of $58,000. The cost of basic goods and services such as food and transportation are also relatively low when compared to other areas of the country. All in all, living in Escanaba Township can be a great choice for people who are looking for an affordable place to live with a high quality of life.
   Cost of living score
     CategoriesEscanaba townshipMichiganUnited States
  79.691.5100.0
  89.893.4100
  121.584.8100.0
  47.971.2100.0
  $205,700$218,700$338,100
  117.6%100.1%100.0%
  93.7115.1100.0
  92.395.9100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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