Whitmore Lake, MI Cost of Living


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Whitmore Lake cost of living score
105.5
More expensive
5.5% higher
than the US average
15.3% higher
than the Michigan average
Whitmore Lake, Michigan gets a BestPlaces Cost of Living score of 105.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 5.5% higher than the U.S. average and 15.3% higher than the average for Michigan.

Whitmore Lake, MI

Housing costs in Whitmore Lake?
A typical home costs $312,400, which is 7.6% less expensive than the national average of $338,100 and 42.8% more expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Whitmore Lake costs $1,230 per month, which is 14.0% cheaper than the national average of $1,430 and 10.6% more than the state average of $1,100.

Can I afford Whitmore Lake?
To live comfortably in Whitmore Lake, Michigan, a minimum annual income of $59,760 for a family, and $40,400 for a single person is recommended.

What does A.I. say about Whitmore Lake?
The cost of living in Whitmore Lake, MI is relatively low compared to other areas. The median home price in the area is around $179,000, which is significantly lower than the US average of $231,200. Additionally, the cost of basic necessities such as groceries and utilities are lower than the national average. This makes Whitmore Lake an attractive location for residents looking for a place to live with a more affordable lifestyle. The area also has plenty of recreational activities available for those who enjoy outdoor pursuits like fishing, hiking, canoeing, and more. With its affordable lifestyle and plethora of activities to choose from, it's no wonder why so many people call Whitmore Lake home.
   Cost of living score
     CategoriesWhitmore LakeMichiganUnited States
  105.591.5100.0
  98.693.4100
  80.984.8100.0
  107.071.2100.0
  $312,400$218,700$338,100
  98.9%100.1%100.0%
  113.0115.1100.0
  131.295.9100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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