Weldon, MI Cost of Living


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How much do I need to live in Weldon, Michigan?
$4,110 / month
for a family, 23.9% less expensive than the national average A total of $49,320 for the year for a family.
$2,567 / month
for a single person, 46.2% less expensive than the national average A total of $30,800 for the year for a single person.

Weldon cost of living score
89.2
Less expensive
10.8% lower
than the US average
2.5% lower
than the Michigan average
Weldon, Michigan gets a BestPlaces Cost of Living score of 89.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 10.8% lower than the U.S. average and 2.5% higher than the average for Michigan.

Weldon, MI

Housing costs in Weldon?
A typical home costs $257,700, which is 23.8% less expensive than the national average of $338,100 and 17.8% more expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Weldon costs $1,010 per month, which is 29.4% cheaper than the national average of $1,430 and 8.9% cheaper than the state average of $1,100.

Can I afford Weldon?
To live comfortably in Weldon, Michigan, a minimum annual income of $49,320 for a family, and $30,800 for a single person is recommended.

What does A.I. say about Weldon?
The cost of living in Weldon, MI is relatively affordable compared to other cities and towns. The median home value in Weldon is around $120,000, which is significantly lower than the national average. Renting a one-bedroom apartment will usually cost between $400 and $800 per month. Groceries, utilities, and other basic necessities are also priced reasonably. Property taxes are also low in comparison with many other areas in Michigan, making this city a great place to live for those who want to save money without sacrificing quality of life.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesWeldonMichiganUnited States
    Unlock91.5100.0
  91.5  Unlock100.0
    Unlock84.8100.0
  39.5  Unlock100.0
    Unlock$218,700$338,100
  93.6  Unlock100.0
    Unlock115.1100.0
  103.4  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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