Alma Michi Metro Area, Michigan gets a BestPlaces Cost of Living index of 74.1, which means the total cost of housing, food, child care, transportation, health care, taxes, and other necessities is 25.9 percent lower than the U.S. average and 19.0 percent higher than the average for Michigan.
A typical home costs $133,200, which is 60.6 percent less expensive than the national average of $338,100 and 39.1 percent less expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Alma costs $830 per month, which is 42.0 percent more than the national average of $1,430 and 32.5 percent cheaper than the state average of $1,100.
To live comfortably in Alma Michi Metro Area, Michigan, a minimum annual income of $25,560 for a family, and $26,400 for a single person is recommended.
Our cost of living indices are based on a US average of 100. An amount below 100 means Alma Metro Area is cheaper than the US average. A cost of living index above 100 means Alma Metro Area, Michigan is more expensive.
Alma Metro Area cost of living is 74.1