Hampton charter, MI Cost of Living


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How much do I need to live in Hampton charter, Michigan?
$2,850 / month
for a family, 47.2% less expensive than the national average A total of $34,200 for the year for a family.
$2,200 / month
for a single person, 53.8% less expensive than the national average A total of $26,400 for the year for a single person.

Hampton charter cost of living score
81.8
Less expensive
18.2% lower
than the US average
10.6% lower
than the Michigan average
Hampton charter, Michigan gets a BestPlaces Cost of Living score of 81.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 18.2% lower than the U.S. average and 10.6% higher than the average for Michigan.

Hampton charter, MI

Housing costs in Hampton charter?
A typical home costs $178,700, which is 47.1% less expensive than the national average of $338,100 and 18.3% less expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Hampton charter costs $850 per month, which is 40.6% more than the national average of $1,430 and 29.4% more than the state average of $1,100.

Can I afford Hampton charter?
To live comfortably in Hampton charter, Michigan, a minimum annual income of $34,200 for a family, and $26,400 for a single person is recommended.

What does A.I. say about Hampton charter?
The cost of living in Hampton Charter Township, MI is quite reasonable compared to other comparable areas. The area has a low unemployment rate, and the median household income is approximately $76,000. Home prices are moderate, and rent prices are very affordable. Gas prices tend to be slightly lower than the national average. Groceries and utilities also tend to be cheaper than other parts of the state. Overall, Hampton Charter Township offers an excellent quality of life for its residents at a relatively low cost of living.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesHampton charterMichiganUnited States
    Unlock91.5100.0
  90.3  Unlock100.0
    Unlock84.8100.0
  60.0  Unlock100.0
    Unlock$218,700$338,100
  95.5  Unlock100.0
    Unlock115.1100.0
  97.9  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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