Imlay City, MI Cost of Living


0 Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
How much do I need to live in Imlay City, Michigan?
$3,690 / month
for a family, 31.7% less expensive than the national average A total of $44,280 for the year for a family.
$2,667 / month
for a single person, 44.1% less expensive than the national average A total of $32,000 for the year for a single person.

Imlay City cost of living score
96
Less expensive
4.0% lower
than the US average
4.9% higher
than the Michigan average
Imlay City, Michigan gets a BestPlaces Cost of Living score of 96, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 4.0% lower than the U.S. average and 4.9% lower than the average for Michigan.

Imlay City, MI

Housing costs in Imlay City?
A typical home costs $231,300, which is 31.6% less expensive than the national average of $338,100 and 5.8% more expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Imlay City costs $1,020 per month, which is 28.7% cheaper than the national average of $1,430 and 7.8% cheaper than the state average of $1,100.

Can I afford Imlay City?
To live comfortably in Imlay City, Michigan, a minimum annual income of $44,280 for a family, and $32,000 for a single person is recommended.

What does A.I. say about Imlay City?
The cost of living in Imlay City, MI is quite affordable compared to other parts of the state. The median home price is around $132,000, which makes it a great place for first-time home buyers. Renters can find plenty of options as well, with an average monthly rent of $650. Utilities are also quite reasonable, with electricity costing an average of just $100 per month. Groceries and other necessities are reasonably priced as well. All told, Imlay City's cost of living is very friendly to those seeking a place to call home on a budget.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesImlay CityMichiganUnited States
  96.091.5100.0
  95.193.4100
  79.984.8100.0
  67.371.2100.0
  $231,300$218,700$338,100
  100.2100.1100
  126.0115.1100.0
  99.795.9100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
Compare Imlay City, MI
cost of living
Compare food, housing, utilities, and more in Imlay City, Michigan to any other city in the US.


The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.