Hillsdale township, MI Cost of Living


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Hillsdale township cost of living score
80.1
Less expensive
19.9% lower
than the US average
12.5% lower
than the Michigan average
Hillsdale township, Michigan gets a BestPlaces Cost of Living score of 80.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 19.9% lower than the U.S. average and 12.5% higher than the average for Michigan.

Hillsdale township, MI

Housing costs in Hillsdale township?
A typical home costs $293,500, which is 13.2% less expensive than the national average of $338,100 and 34.2% more expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Hillsdale township costs $830 per month, which is 42.0% more than the national average of $1,430 and 32.5% more than the state average of $1,100.

Can I afford Hillsdale township?
To live comfortably in Hillsdale township, Michigan, a minimum annual income of $56,160 for a family, and $25,200 for a single person is recommended.

What does A.I. say about Hillsdale township?
The cost of living in Hillsdale township, MI is relatively low compared to many other areas in the country. The median home value is $74,900, making it much more affordable than surrounding towns and cities. Additionally, the average rental rate for a one bedroom apartment is around $450 per month. Taxes are also low in Hillsdale Township with a median property tax rate of 1.93%. Overall, Hillsdale Township is an affordable place to live and can suit many budgets.
   Cost of living score
     CategoriesHillsdale townshipMichiganUnited States
  80.191.5100.0
  92.993.4100
  91.184.8100.0
  73.371.2100.0
  $293,500$218,700$338,100
  101.3%100.1%100.0%
  84.5115.1100.0
  76.495.9100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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