Lawrence township, MI Cost of Living


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Lawrence township cost of living score
88.5
Less expensive
11.5% lower
than the US average
3.3% lower
than the Michigan average
Lawrence township, Michigan gets a BestPlaces Cost of Living score of 88.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 11.5% lower than the U.S. average and 3.3% higher than the average for Michigan.

Lawrence township, MI

Housing costs in Lawrence township?
A typical home costs $207,300, which is 38.7% less expensive than the national average of $338,100 and 5.2% less expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Lawrence township 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 Lawrence township?
To live comfortably in Lawrence township, Michigan, a minimum annual income of $39,600 for a family, and $26,800 for a single person is recommended.

What does A.I. say about Lawrence township?
The cost of living in Lawrence township, MI is generally quite affordable. The median home value sits at about $150,000, with a median household income of roughly $67,500 per year. Groceries and other essentials are also quite reasonably priced, making it an attractive place to live for those on a budget. In addition, the township offers plenty of recreational activities at low or no cost such as fishing and camping at local public parks. With its combination of reasonable prices and quality amenities, living in Lawrence township is well within reach for many people.
   Cost of living score
     CategoriesLawrence townshipMichiganUnited States
  88.591.5100.0
  92.793.4100
  89.884.8100.0
  44.871.2100.0
  $207,300$218,700$338,100
  102.1%100.1%100.0%
  106.7115.1100.0
  89.795.9100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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