Westwood, MI Cost of Living


0 Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
How much do I need to live in Westwood, Michigan?
$2,790 / month
for a family, 48.3% less expensive than the national average A total of $33,480 for the year for a family.
$2,667 / month
for a single person, 44.1% less expensive than the national average A total of $32,000 for the year for a single person.

Westwood cost of living score
87.7
Less expensive
12.3% lower
than the US average
4.2% lower
than the Michigan average
Westwood, Michigan gets a BestPlaces Cost of Living score of 87.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 12.3% lower than the U.S. average and 4.2% higher than the average for Michigan.

Westwood, MI

Housing costs in Westwood?
A typical home costs $174,000, which is 48.5% less expensive than the national average of $338,100 and 20.4% less expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Westwood costs $990 per month, which is 30.8% cheaper than the national average of $1,430 and 11.1% cheaper than the state average of $1,100.

Can I afford Westwood?
To live comfortably in Westwood, Michigan, a minimum annual income of $33,480 for a family, and $32,000 for a single person is recommended.

What does A.I. say about Westwood?
Westwood, MI offers a relatively affordable cost of living. The overall cost of living index is 11 points lower than the national average, making it one of the more affordable places to live in the United States. Residents can find housing for well below the state median, with apartments and homes typically costing less than what is found in larger cities in Michigan. Additionally, the local economy has been able to maintain low taxation rates even though home values have remained stable over time. Residents can also benefit from numerous local amenities, from access to quality healthcare to nearby recreation options for families.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesWestwoodMichiganUnited States
    Unlock91.5100.0
  93.7  Unlock100.0
    Unlock84.8100.0
  53.7  Unlock100.0
    Unlock$218,700$338,100
  101.1  Unlock100.0
    Unlock115.1100.0
  104.4  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
Compare Westwood, MI
cost of living
Compare food, housing, utilities, and more in Westwood, Michigan to any other city in the US.


The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.