Watson, MI Cost of Living


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Watson cost of living score
93.1
Less expensive
6.9% lower
than the US average
1.7% higher
than the Michigan average
Watson, Michigan gets a BestPlaces Cost of Living score of 93.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 6.9% lower than the U.S. average and 1.7% lower than the average for Michigan.

Watson, MI

Housing costs in Watson?
A typical home costs $281,100, which is 16.9% less expensive than the national average of $338,100 and 28.5% more expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Watson costs $990 per month, which is 30.8% more than the national average of $1,430 and 11.1% more than the state average of $1,100.

Can I afford Watson?
To live comfortably in Watson, Michigan, a minimum annual income of $54,000 for a family, and $30,000 for a single person is recommended.

What does A.I. say about Watson?
The cost of living in Watson, MI is relatively low compared to other areas of the country. The median home price in Watson is around $142,500, which is significantly less than the national average. The cost of common goods and services such as groceries and transportation are also below the national averages. In addition, the unemployment rate in Watson is lower than both the state and national rates, indicating a strong economy in the area. All of these factors make Watson an attractive location for those looking for a more affordable place to live.
   Cost of living score
     CategoriesWatsonMichiganUnited States
  93.191.5100.0
  93.893.4100
  92.884.8100.0
  65.371.2100.0
  $281,100$218,700$338,100
  100.5%100.1%100.0%
  107.7115.1100.0
  89.695.9100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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