Pennfield charter, MI Cost of Living


0 Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
How much do I need to live in Pennfield charter, Michigan?
$2,850 / month
for a family, 47.2% less expensive than the national average A total of $34,200 for the year for a family.
$2,733 / month
for a single person, 42.7% less expensive than the national average A total of $32,800 for the year for a single person.

Pennfield charter cost of living score
82.5
Less expensive
17.5% lower
than the US average
9.8% lower
than the Michigan average
Pennfield charter, Michigan gets a BestPlaces Cost of Living score of 82.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 17.5% lower than the U.S. average and 9.8% higher than the average for Michigan.

Pennfield charter, MI

Housing costs in Pennfield charter?
A typical home costs $177,900, which is 47.4% less expensive than the national average of $338,100 and 18.7% less expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Pennfield charter costs $1,010 per month, which is 29.4% cheaper than the national average of $1,430 and 8.9% cheaper than the state average of $1,100.

Can I afford Pennfield charter?
To live comfortably in Pennfield charter, Michigan, a minimum annual income of $34,200 for a family, and $32,800 for a single person is recommended.

What does A.I. say about Pennfield charter?
The cost of living in Pennfield Charter Township, MI is quite reasonable. Housing costs tend to be slightly lower than the national median, which makes it a great option for anyone looking to move to the area. Grocery costs are slightly higher than the national average, but still within range of most people’s budgets. Transportation costs are also quite reasonable when compared to other parts of Michigan, making it easier and more affordable for people to get around. All in all, Pennfield Charter Township offers an affordable and comfortable lifestyle with lower cost of living that is often hard to find in other areas of Michigan.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesPennfield charterMichiganUnited States
    Unlock91.5100.0
  92.7  Unlock100.0
    Unlock84.8100.0
  48.7  Unlock100.0
    Unlock$218,700$338,100
  100.6  Unlock100.0
    Unlock115.1100.0
  91.9  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
Compare Pennfield charter, MI
cost of living
Compare food, housing, utilities, and more in Pennfield charter, Michigan to any other city in the US.


The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.