Wales, MI Cost of Living


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Wales cost of living score
91.1
Less expensive
8.9% lower
than the US average
0.4% lower
than the Michigan average
Wales, Michigan gets a BestPlaces Cost of Living score of 91.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 8.9% lower than the U.S. average and 0.4% higher than the average for Michigan.

Wales, MI

Housing costs in Wales?
A typical home costs $283,000, which is 16.3% less expensive than the national average of $338,100 and 29.4% more expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Wales costs $1,510 per month, which is 5.6% more than the national average of $1,430 and 27.2% more than the state average of $1,100.

Can I afford Wales?
To live comfortably in Wales, Michigan, a minimum annual income of $54,360 for a family, and $47,200 for a single person is recommended.

What does A.I. say about Wales?
Wales, MI is a small town located in the eastern part of Michigan and is known for its rural charm. The cost of living in Wales is relatively low compared to other nearby cities and towns. The median home price in Wales is just under $120,000 and rental prices are very affordable with an average cost of $850 per month for a two bedroom apartment. Groceries, gas, health care, and basic necessities are all reasonably priced in the area. With its proximity to larger cities like Ann Arbor and Detroit, Wales offers a budget-friendly lifestyle with easy access to urban amenities.
   Cost of living score
     CategoriesWalesMichiganUnited States
  91.191.5100.0
  95.193.4100
  91.184.8100.0
  69.871.2100.0
  $283,000$218,700$338,100
  99.3%100.1%100.0%
  125.6115.1100.0
  94.795.9100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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