Spalding, MI Cost of Living


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Spalding cost of living score
79.9
Less expensive
20.1% lower
than the US average
12.7% lower
than the Michigan average
Spalding, Michigan gets a BestPlaces Cost of Living score of 79.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 20.1% lower than the U.S. average and 12.7% higher than the average for Michigan.

Spalding, MI

Housing costs in Spalding?
A typical home costs $159,900, which is 52.7% less expensive than the national average of $338,100 and 26.9% less expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Spalding costs $770 per month, which is 46.2% more than the national average of $1,430 and 42.9% more than the state average of $1,100.

Can I afford Spalding?
To live comfortably in Spalding, Michigan, a minimum annual income of $30,600 for a family, and $25,600 for a single person is recommended.

What does A.I. say about Spalding?
The cost of living in Spalding, MI is very affordable. The median home price is around $100,000 which is significantly lower than the national average. In addition, the cost of groceries and other everyday items are relatively low compared to other cities in Michigan. All in all, Spalding provides a great quality of life at an affordable rate for individuals and families looking to settle down in the area.
   Cost of living score
     CategoriesSpaldingMichiganUnited States
  79.991.5100.0
  90.993.4100
  121.984.8100.0
  42.571.2100.0
  $159,900$218,700$338,100
  115.2%100.1%100.0%
  88.1115.1100.0
  78.095.9100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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