Gaines charter, MI Cost of Living


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How much do I need to live in Gaines charter, Michigan?
$5,370 / month
for a family, 0.6% less expensive than the national average A total of $64,440 for the year for a family.
$3,600 / month
for a single person, 24.5% less expensive than the national average A total of $43,200 for the year for a single person.

Gaines charter cost of living score
94.5
Less expensive
5.5% lower
than the US average
3.3% higher
than the Michigan average
Gaines charter, Michigan gets a BestPlaces Cost of Living score of 94.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 5.5% lower than the U.S. average and 3.3% lower than the average for Michigan.

Gaines charter, MI

Housing costs in Gaines charter?
A typical home costs $336,100, which is 0.6% less expensive than the national average of $338,100 and 53.7% more expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Gaines charter costs $1,300 per month, which is 9.1% cheaper than the national average of $1,430 and 15.4% more than the state average of $1,100.

Can I afford Gaines charter?
To live comfortably in Gaines charter, Michigan, a minimum annual income of $64,440 for a family, and $43,200 for a single person is recommended.

What does A.I. say about Gaines charter?
Gaines Charter Township, MI is an affordable place to live. The median home value in Gaines Charter Township is $119,800, which is significantly lower than the national average of $184,700. Renters will find that the average cost of rent for a two-bedroom apartment is around $850 per month, which is also below the national average of $949. Additionally, food and other essential items are priced at a reasonable rate in Gaines Charter Township. Overall, living in Gaines Charter Township offers residents an affordable lifestyle without having to forego quality amenities or services.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesGaines charterMichiganUnited States
    Unlock91.5100.0
  96.6  Unlock100.0
    Unlock84.8100.0
  111.1  Unlock100.0
    Unlock$218,700$338,100
  100.6  Unlock100.0
    Unlock115.1100.0
  100.7  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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