Kinross charter, MI Cost of Living


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How much do I need to live in Kinross charter, Michigan?
$2,280 / month
for a family, 57.8% less expensive than the national average A total of $27,360 for the year for a family.
$2,167 / month
for a single person, 54.5% less expensive than the national average A total of $26,000 for the year for a single person.

Kinross charter cost of living score
76.2
Less expensive
23.8% lower
than the US average
16.7% lower
than the Michigan average
Kinross charter, Michigan gets a BestPlaces Cost of Living score of 76.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 23.8% lower than the U.S. average and 16.7% higher than the average for Michigan.

Kinross charter, MI

Housing costs in Kinross charter?
A typical home costs $143,100, which is 57.7% less expensive than the national average of $338,100 and 34.6% less expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Kinross 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 Kinross charter?
To live comfortably in Kinross charter, Michigan, a minimum annual income of $27,360 for a family, and $26,000 for a single person is recommended.

What does A.I. say about Kinross charter?
Kinross charter township, MI is an affordable place to live. The cost of living index is 18% lower than the U.S. average, which makes it one of the most inexpensive places to reside in Michigan. Residents enjoy a wide range of housing options with prices that are competitive compared to other locations in the Midwest region. Additionally, food and transportation costs are lower than the national median and utilities are highly reasonable as well. As a result, Kinross charter township is a great place for individuals and families looking for an affordable quality of life.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesKinross charterMichiganUnited States
    Unlock91.5100.0
  87.2  Unlock100.0
    Unlock84.8100.0
  41.4  Unlock100.0
    Unlock$218,700$338,100
  90.5  Unlock100.0
    Unlock115.1100.0
  80.9  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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