Zip 49616 (Benzonia, MI) Cost of Living


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How much do I need to live in Benzonia, Michigan?
$3,630 / month
for a family, 32.8% less expensive than the national average A total of $43,560 for the year for a family.
$2,500 / month
for a single person, 47.6% less expensive than the national average A total of $30,000 for the year for a single person.

Benzonia cost of living score
89.2
Less expensive
10.8% lower
than the US average
2.5% lower
than the Michigan average
Benzonia (zip 49616), Michigan gets a BestPlaces Cost of Living score of 89.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 10.8% lower than the U.S. average and 2.5% higher than the average for Michigan.

Zip 49616 (Benzonia, MI)

Housing costs in Benzonia?
A typical home costs $227,200, which is 32.8% less expensive than the national average of $338,100 and 3.9% more expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Benzonia 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 Benzonia?
To live comfortably in Benzonia (zip 49616), Michigan, a minimum annual income of $43,560 for a family, and $30,000 for a single person is recommended.

What does A.I. say about Benzonia?
The cost of living in 49616 Benzonia, MI is quite reasonable. The overall cost of living index is 7.8% lower than the national average, making it an attractive place to live for those who are looking for a more affordable option. The median home price in the area is below the national median and the unemployment rate is below the national average as well. Groceries, utilities, and transportation costs are among some of the items that are notably lower than other areas in Michigan. This makes living in Benzonia an attractive option for many people who want to enjoy a good quality of life without breaking their budget.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesBenzoniaMichiganUnited States
    Unlock91.5100.0
  92.6  Unlock100.0
    Unlock84.8100.0
  59.6  Unlock100.0
    Unlock$218,700$338,100
  94.2  Unlock100.0
    Unlock115.1100.0
  103.5  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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