Reese, MI Cost of Living


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Reese cost of living score
77.6
Less expensive
22.4% lower
than the US average
15.2% lower
than the Michigan average
Reese, Michigan gets a BestPlaces Cost of Living score of 77.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 22.4% lower than the U.S. average and 15.2% higher than the average for Michigan.

Reese, MI

Housing costs in Reese?
A typical home costs $173,100, which is 48.8% less expensive than the national average of $338,100 and 20.9% less expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Reese costs $750 per month, which is 47.6% cheaper than the national average of $1,430 and 46.7% cheaper than the state average of $1,100.

Can I afford Reese?
To live comfortably in Reese, Michigan, a minimum annual income of $33,120 for a family, and $25,200 for a single person is recommended.

What does A.I. say about Reese?
The cost of living in Reese, MI is relatively low compared to other cities in the United States. The median housing costs are about 30% lower than the national average. In addition, groceries and utilities remain affordable throughout the area. It's also quite inexpensive to dine out at local restaurants – you can find meals for under $10 at many eateries in Reese. While not a major attraction, Reese has some stores and small businesses that offer competitive prices on goods and services. With its low cost of living, Reese is an attractive option for those looking to save money or get more bang for their buck.
   Cost of living score
     CategoriesReeseMichiganUnited States
  77.691.5100.0
  91.393.4100
  91.084.8100.0
  53.171.2100.0
  $173,100$218,700$338,100
  94.7%100.1%100.0%
  103.5115.1100.0
  81.195.9100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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