Henderson township (Wexford County), MI Cost of Living


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

Henderson 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
Henderson 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.

Henderson township (Wexford County), MI

Housing costs in Henderson township (Wexford County)?
A typical home costs $189,500, which is 44.0% less expensive than the national average of $338,100 and 13.4% less expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Henderson township (Wexford County) costs $870 per month, which is 39.2% more than the national average of $1,430 and 26.4% more than the state average of $1,100.

Can I afford Henderson township (Wexford County)?
To live comfortably in Henderson township (Wexford County), Michigan, a minimum annual income of $36,360 for a family, and $27,200 for a single person is recommended.

What does A.I. say about Henderson township (Wexford County)?
Henderson township, MI is an affordable place to live. The cost of living in Henderson township is 5% lower than the national average. Home prices are relatively low, allowing for those on a budget to find housing options without breaking the bank. Property taxes are also low compared to other areas in Michigan, making it a great option for those looking to keep their expenses down. Taxes on goods and services are also quite low. Overall, Henderson township is an attractive location from a financial standpoint, with many excellent options for those looking to find affordable housing.
   Cost of living score
     CategoriesHenderson township (Wexford County)MichiganUnited States
  76.791.5100.0
  91.193.4100
  85.384.8100.0
  45.171.2100.0
  $189,500$218,700$338,100
  98.3%100.1%100.0%
  86.1115.1100.0
  81.795.9100.0

   100=National Average

   Average Rent by Bedroom Size
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