Monitor charter, MI Cost of Living


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Monitor charter cost of living score
81.8
Less expensive
18.2% lower
than the US average
10.6% lower
than the Michigan average
Monitor charter, Michigan gets a BestPlaces Cost of Living score of 81.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 18.2% lower than the U.S. average and 10.6% higher than the average for Michigan.

Monitor charter, MI

Housing costs in Monitor charter?
A typical home costs $190,600, which is 43.6% less expensive than the national average of $338,100 and 12.8% less expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Monitor charter costs $920 per month, which is 35.7% more than the national average of $1,430 and 19.6% more than the state average of $1,100.

Can I afford Monitor charter?
To live comfortably in Monitor charter, Michigan, a minimum annual income of $36,360 for a family, and $28,800 for a single person is recommended.

What does A.I. say about Monitor charter?
Monitor charter township, MI is an affordable place to live, with a lower cost of living than the national average. The median home value for Monitor charter township is around $117,000, which is significantly lower than the Michigan average of around $158,000. For those on a budget, Monitor charter township offers a variety of affordable housing options and rental prices are comparatively low throughout the area. Grocery and other basic necessities are also quite affordable in Monitor charter township. In addition to reasonable property prices and day-to-day costs of living, residents also enjoy the benefit of no sales tax in Michigan. All this makes Monitor charter township an attractive option for those looking for an affordable place to call home.
   Cost of living score
     CategoriesMonitor charterMichiganUnited States
  81.891.5100.0
  90.493.4100
  90.084.8100.0
  58.571.2100.0
  $190,600$218,700$338,100
  98.4%100.1%100.0%
  95.9115.1100.0
  97.495.9100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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