Zip 48442 (Holly, MI) Cost of Living


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Holly cost of living score
104.9
More expensive
4.9% higher
than the US average
14.6% higher
than the Michigan average
Holly (zip 48442), Michigan gets a BestPlaces Cost of Living score of 104.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 4.9% higher than the U.S. average and 14.6% higher than the average for Michigan.

Zip 48442 (Holly, MI)

Housing costs in Holly?
A typical home costs $271,400, which is 19.7% less expensive than the national average of $338,100 and 24.1% more expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Holly costs $1,190 per month, which is 16.8% cheaper than the national average of $1,430 and 7.6% more than the state average of $1,100.

Can I afford Holly?
To live comfortably in Holly (zip 48442), Michigan, a minimum annual income of $51,840 for a family, and $37,200 for a single person is recommended.

What does A.I. say about Holly?
The cost of living in Holly, Michigan is quite affordable. The median home price in the area is around $140,000, which is lower than the national median home price of $189,900. This makes Holly a great choice for those looking for an affordable place to live. Grocery prices are also lower than most other cities, making it easier to budget. Property taxes are also relatively low with an average tax rate of 1.25%, which is below the national average of 1.38%. Additionally, utilities such as internet and electricity generally cost less than the state averages. With all these factors combined, Holly offers residents a great value for their housing dollar.
   Cost of living score
     CategoriesHollyMichiganUnited States
  104.991.5100.0
  96.793.4100
  79.984.8100.0
  89.171.2100.0
  $271,400$218,700$338,100
  101.5%100.1%100.0%
  129.1115.1100.0
  125.095.9100.0

   100=National Average

   Average Rent by Bedroom Size
Crime