Pipestone, MI Cost of Living


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Pipestone cost of living score
88.1
Less expensive
11.9% lower
than the US average
3.7% lower
than the Michigan average
Pipestone, Michigan gets a BestPlaces Cost of Living score of 88.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 11.9% lower than the U.S. average and 3.7% higher than the average for Michigan.

Pipestone, MI

Housing costs in Pipestone?
A typical home costs $247,700, which is 26.7% less expensive than the national average of $338,100 and 13.3% more expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Pipestone costs $990 per month, which is 30.8% more than the national average of $1,430 and 11.1% more than the state average of $1,100.

Can I afford Pipestone?
To live comfortably in Pipestone, Michigan, a minimum annual income of $47,520 for a family, and $30,800 for a single person is recommended.

What does A.I. say about Pipestone?
The cost of living in Pipestone, MI is quite reasonable compared to other towns in Michigan. Prices of goods and services are generally lower than the national average, making it an attractive option for those looking to save money. Housing costs tend to be among the most affordable in the state, with a median home price of about $122,000. Food prices are also much cheaper than many large cities, giving residents more options when shopping for groceries. Other essentials such as utilities and transportation costs are also below average compared to other areas in Michigan. The overall cost of living in Pipestone is a great fit for those looking for a budget-friendly place to live.
   Cost of living score
     CategoriesPipestoneMichiganUnited States
  88.191.5100.0
  91.893.4100
  92.184.8100.0
  49.971.2100.0
  $247,700$218,700$338,100
  93.9%100.1%100.0%
  103.1115.1100.0
  93.695.9100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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