Zip 49902 (Alpha, MI) Cost of Living


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United States / Michigan / No Metro Area / Iron County / Alpha / Alpha (zip 49902)
How much do I need to live in Alpha, Michigan?
$1,050 / month
for a family, 80.6% less expensive than the national average A total of $12,600 for the year for a family.
$1,900 / month
for a single person, 60.1% less expensive than the national average A total of $22,800 for the year for a single person.

Alpha cost of living score
79.3
Less expensive
20.7% lower
than the US average
13.3% lower
than the Michigan average
Alpha (zip 49902), Michigan gets a BestPlaces Cost of Living score of 79.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 20.7% lower than the U.S. average and 13.3% higher than the average for Michigan.

Zip 49902 (Alpha, MI)

Housing costs in Alpha?
A typical home costs $65,300, which is 80.7% less expensive than the national average of $338,100 and 70.1% less expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Alpha costs $750 per month, which is 47.6% cheaper than the national average of $1,430 and 46.7% cheaper than the state average of $1,100.

Can I afford Alpha?
To live comfortably in Alpha (zip 49902), Michigan, a minimum annual income of $12,600 for a family, and $22,800 for a single person is recommended.

What does A.I. say about Alpha?
The cost of living in 49902 Alpha, MI is relatively low compared to other areas of the state. The median home value in 49902 Alpha is $64,200, making it an affordable option for families and individuals alike. The median household income is $52,521, which is slightly below the statewide average of $54,556. In addition, the cost of goods and services in Alpha are generally lower than those in nearby towns and cities. However, utilities such as electricity and gas can be more expensive than some cities due to the rural location of Alpha. Overall, Alpha offers a great quality of life at an affordable price.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesAlphaMichiganUnited States
    Unlock91.5100.0
  86.3  Unlock100.0
    Unlock84.8100.0
  16.5  Unlock100.0
    Unlock$218,700$338,100
  105.7  Unlock100.0
    Unlock115.1100.0
  88.2  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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