Reynolds, MI Cost of Living


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Reynolds cost of living score
87
Less expensive
13.0% lower
than the US average
4.9% lower
than the Michigan average
Reynolds, 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.

Reynolds, MI

Housing costs in Reynolds?
A typical home costs $181,400, which is 46.3% less expensive than the national average of $338,100 and 17.1% less expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Reynolds costs $1,040 per month, which is 27.3% cheaper than the national average of $1,430 and 5.8% cheaper than the state average of $1,100.

Can I afford Reynolds?
To live comfortably in Reynolds, Michigan, a minimum annual income of $34,920 for a family, and $34,000 for a single person is recommended.

What does A.I. say about Reynolds?
Reynolds, MI has a reasonably low cost of living compared to the national average. The cost of housing is particularly affordable, with the median home value hovering around $120,000. Utilities and groceries are also reasonably priced, making it easy for residents to stay within their budgets. Public transportation is available in the form of buses and taxis at a reasonable rate as well. Although some goods and services can be more expensive than other areas, overall Reynolds provides an attractive cost of living that allows its citizens to enjoy a comfortable lifestyle without breaking the bank.
   Cost of living score
     CategoriesReynoldsMichiganUnited States
  87.091.5100.0
  92.893.4100
  82.684.8100.0
  45.071.2100.0
  $181,400$218,700$338,100
  98.8%100.1%100.0%
  123.1115.1100.0
  85.395.9100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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