Hanover township (Wexford County), MI Cost of Living


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United States / Michigan / Cadillac Metro Area / Wexford County / Hanover township (Wexford County) / Zip Codes

Hanover township (Wexford County) cost of living score
76.7
Less expensive
23.3% lower
than the US average
16.2% lower
than the Michigan average
Hanover township (Wexford County), Michigan gets a BestPlaces Cost of Living score of 76.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 23.3% lower than the U.S. average and 16.2% higher than the average for Michigan.

Hanover township (Wexford County), MI

Housing costs in Hanover township (Wexford County)?
A typical home costs $209,000, which is 38.2% less expensive than the national average of $338,100 and 4.4% less expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Hanover township (Wexford County) costs $860 per month, which is 39.9% more than the national average of $1,430 and 27.9% more than the state average of $1,100.

Can I afford Hanover township (Wexford County)?
To live comfortably in Hanover township (Wexford County), Michigan, a minimum annual income of $39,960 for a family, and $26,800 for a single person is recommended.

What does A.I. say about Hanover township (Wexford County)?
Hanover Township (Wexford County), MI is an affordable place to live with a median home value of $114,100, according to Zillow. The cost of living is 11% lower than the national average and there are also plenty of affordable rental options in the area. In addition, grocery and utility costs are lower than most places in the state. All of these factors make Hanover Township an attractive destination for those looking for a low-cost place to call home.
   Cost of living score
     CategoriesHanover township (Wexford County)MichiganUnited States
  76.791.5100.0
  91.793.4100
  85.384.8100.0
  44.971.2100.0
  $209,000$218,700$338,100
  97.4%100.1%100.0%
  96.3115.1100.0
  81.695.9100.0

   100=National Average

   Average Rent by Bedroom Size
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