Freedom, MI Cost of Living


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How much do I need to live in Freedom, Michigan?
$7,320 / month
for a family, 35.6% more expensive than the national average A total of $87,840 for the year for a family.
$3,733 / month
for a single person, 21.7% less expensive than the national average A total of $44,800 for the year for a single person.

Freedom cost of living score
105.5
More expensive
5.5% higher
than the US average
15.3% higher
than the Michigan average
Freedom, 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.

Freedom, MI

Housing costs in Freedom?
A typical home costs $457,600, which is 35.3% more expensive than the national average of $338,100 and 109.2% more expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Freedom costs $1,340 per month, which is 6.3% cheaper than the national average of $1,430 and 17.9% more than the state average of $1,100.

Can I afford Freedom?
To live comfortably in Freedom, Michigan, a minimum annual income of $87,840 for a family, and $44,800 for a single person is recommended.

What does A.I. say about Freedom?
The cost of living in Freedom, MI is relatively low compared to other areas in the country. The median home price in Freedom is around $112,000 which is much lower than the national average of $200,000. Additionally, groceries and utilities are also relatively inexpensive. Overall, Freedom provides an affordable option for those looking for a great place to live without breaking the bank.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesFreedomMichiganUnited States
    Unlock91.5100.0
  99.1  Unlock100.0
    Unlock84.8100.0
  126.4  Unlock100.0
    Unlock$218,700$338,100
  100.3  Unlock100.0
    Unlock115.1100.0
  130.8  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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