Three Oaks, MI Cost of Living


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Three Oaks cost of living score
88.1
Less expensive
11.9% lower
than the US average
3.7% lower
than the Michigan average
Three Oaks, 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.

Three Oaks, MI

Housing costs in Three Oaks?
A typical home costs $247,800, 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 Three Oaks costs $1,050 per month, which is 26.6% cheaper than the national average of $1,430 and 4.8% cheaper than the state average of $1,100.

Can I afford Three Oaks?
To live comfortably in Three Oaks, Michigan, a minimum annual income of $47,520 for a family, and $32,400 for a single person is recommended.

What does A.I. say about Three Oaks?
The cost of living in Three Oaks, MI is relatively low, making it an attractive place to live for many families and individuals. The median home price is around $140,000, which is significantly lower than the national average. Additionally, groceries and utilities are much more affordable than most other parts of the country. Those looking for an affordable and comfortable place to live should definitely consider Three Oaks, MI as an option.
   Cost of living score
     CategoriesThree OaksMichiganUnited States
  88.191.5100.0
  93.393.4100
  92.184.8100.0
  87.171.2100.0
  $247,800$218,700$338,100
  88.0%100.1%100.0%
  104.6115.1100.0
  93.395.9100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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