Lansing charter, MI Cost of Living


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How much do I need to live in Lansing charter, Michigan?
$2,340 / month
for a family, 56.7% less expensive than the national average A total of $28,080 for the year for a family.
$2,967 / month
for a single person, 37.8% less expensive than the national average A total of $35,600 for the year for a single person.

Lansing charter cost of living score
83.6
Less expensive
16.4% lower
than the US average
8.6% lower
than the Michigan average
Lansing charter, Michigan gets a BestPlaces Cost of Living score of 83.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 16.4% lower than the U.S. average and 8.6% higher than the average for Michigan.

Lansing charter, MI

Housing costs in Lansing charter?
A typical home costs $147,100, which is 56.5% less expensive than the national average of $338,100 and 32.7% less expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Lansing charter costs $1,090 per month, which is 23.8% cheaper than the national average of $1,430 and close to the state average of $1,100.

Can I afford Lansing charter?
To live comfortably in Lansing charter, Michigan, a minimum annual income of $28,080 for a family, and $35,600 for a single person is recommended.

What does A.I. say about Lansing charter?
Lansing Charter Township is an affordable place to live in Michigan. The cost of living is relatively low compared to the national average, making it a great option for those on a budget. Housing costs are particularly competitive, with the median home value coming in at $123,000; this is significantly lower than other parts of Michigan. Furthermore, utility costs and food prices remain fairly steady throughout the year. In summary, Lansing Charter Township offers an affordable cost of living that makes it an attractive option for those looking to get more bang for their buck.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesLansing charterMichiganUnited States
    Unlock91.5100.0
  93.5  Unlock100.0
    Unlock84.8100.0
  46.9  Unlock100.0
    Unlock$218,700$338,100
  98.3  Unlock100.0
    Unlock115.1100.0
  108.4  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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