Park township (Ottawa County), MI Cost of Living


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Park township (Ottawa County) cost of living score
94.3
Less expensive
5.7% lower
than the US average
3.1% higher
than the Michigan average
Park township (Ottawa County), Michigan gets a BestPlaces Cost of Living score of 94.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 5.7% lower than the U.S. average and 3.1% lower than the average for Michigan.

Park township (Ottawa County), MI

Housing costs in Park township (Ottawa County)?
A typical home costs $421,100, which is 24.5% more expensive than the national average of $338,100 and 92.5% more expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Park township (Ottawa County) costs $1,170 per month, which is 18.2% cheaper than the national average of $1,430 and 6.0% more than the state average of $1,100.

Can I afford Park township (Ottawa County)?
To live comfortably in Park township (Ottawa County), Michigan, a minimum annual income of $80,640 for a family, and $41,200 for a single person is recommended.

What does A.I. say about Park township (Ottawa County)?
Park Township (Ottawa County), MI is a relatively affordable place to live. The median home value in this area is $188,200, which is lower than the national average of $229,700. In addition, housing costs are low here as well--the median rent price is around $1,077 per month compared to the national average of $1,404. This makes Park Township an attractive option for those looking for an affordable place to live. Furthermore, living expenses such as food and utilities are quite reasonable in this area. All in all, Park Township provides a cost-effective way of life without sacrificing quality or convenience.
   Cost of living score
     CategoriesPark township (Ottawa County)MichiganUnited States
  94.391.5100.0
  96.893.4100
  81.384.8100.0
  116.171.2100.0
  $421,100$218,700$338,100
  102.1%100.1%100.0%
  97.2115.1100.0
  97.795.9100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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