Pierson township, MI Cost of Living


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How much do I need to live in Pierson township, Michigan?
$4,020 / month
for a family, 25.6% less expensive than the national average A total of $48,240 for the year for a family.
$2,800 / month
for a single person, 41.3% less expensive than the national average A total of $33,600 for the year for a single person.

Pierson township cost of living score
87
Less expensive
13.0% lower
than the US average
4.9% lower
than the Michigan average
Pierson township, Michigan gets a BestPlaces Cost of Living score of 87, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 13.0% lower than the U.S. average and 4.9% higher than the average for Michigan.

Pierson township, MI

Housing costs in Pierson township?
A typical home costs $251,300, which is 25.7% less expensive than the national average of $338,100 and 14.9% more expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Pierson township 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 Pierson township?
To live comfortably in Pierson township, Michigan, a minimum annual income of $48,240 for a family, and $33,600 for a single person is recommended.

What does A.I. say about Pierson township?
The cost of living in Pierson Township, MI is relatively low compared to the rest of the state. Goods and services tend to be cheaper than neighboring towns and cities, with an overall lower median household income. The housing market is also affordable, with homes going for slightly less than the national average, making it an attractive option for those looking to purchase or rent a home. Additionally, the local tax rate is fairly low due to Michigan's tax-friendly climate, which provides further savings for Pierson Township residents.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesPierson townshipMichiganUnited States
    Unlock91.5100.0
  94.0  Unlock100.0
    Unlock84.8100.0
  57.0  Unlock100.0
    Unlock$218,700$338,100
  100.1  Unlock100.0
    Unlock115.1100.0
  85.7  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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