Redford charter, MI Cost of Living


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How much do I need to live in Redford charter, Michigan?
$2,580 / month
for a family, 52.2% less expensive than the national average A total of $30,960 for the year for a family.
$3,733 / month
for a single person, 21.7% less expensive than the national average A total of $44,800 for the year for a single person.

Redford charter cost of living score
91.8
Less expensive
8.2% lower
than the US average
0.3% higher
than the Michigan average
Redford charter, Michigan gets a BestPlaces Cost of Living score of 91.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 8.2% lower than the U.S. average and 0.3% lower than the average for Michigan.

Redford charter, MI

Housing costs in Redford charter?
A typical home costs $162,200, which is 52.0% less expensive than the national average of $338,100 and 25.8% less expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Redford charter costs $1,430 per month, which is 0.0% cheaper than the national average of $1,430 and 23.1% more than the state average of $1,100.

Can I afford Redford charter?
To live comfortably in Redford charter, Michigan, a minimum annual income of $30,960 for a family, and $44,800 for a single person is recommended.

What does A.I. say about Redford charter?
Redford Charter Township, MI: Residents of Redford Charter Township are able to enjoy a relatively low cost-of-living in comparison to other parts of Michigan. With a median home price of almost $155,000 and monthly rent at around $1,100 for an average 2 bedroom apartment, the overall cost of living is 5% lower than the national average. Additionally, grocery prices are also lower than what you would find in many other states.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesRedford charterMichiganUnited States
    Unlock91.5100.0
  92.0  Unlock100.0
    Unlock84.8100.0
  47.3  Unlock100.0
    Unlock$218,700$338,100
  93.5  Unlock100.0
    Unlock115.1100.0
  114.1  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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