Zip 48615 (Breckenridge, MI) Cost of Living


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United States / Michigan / Alma Metro Area / Gratiot County / No City / Breckenridge (zip 48615)
How much do I need to live in Breckenridge, Michigan?
$2,160 / month
for a family, 60.0% less expensive than the national average A total of $25,920 for the year for a family.
$2,367 / month
for a single person, 50.3% less expensive than the national average A total of $28,400 for the year for a single person.

Breckenridge cost of living score
73.7
Less expensive
26.3% lower
than the US average
19.5% lower
than the Michigan average
Breckenridge (zip 48615), Michigan gets a BestPlaces Cost of Living score of 73.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 26.3% lower than the U.S. average and 19.5% higher than the average for Michigan.

Zip 48615 (Breckenridge, MI)

Housing costs in Breckenridge?
A typical home costs $136,200, which is 59.7% less expensive than the national average of $338,100 and 37.7% less expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Breckenridge costs $890 per month, which is 37.8% cheaper than the national average of $1,430 and 23.6% cheaper than the state average of $1,100.

Can I afford Breckenridge?
To live comfortably in Breckenridge (zip 48615), Michigan, a minimum annual income of $25,920 for a family, and $28,400 for a single person is recommended.

What does A.I. say about Breckenridge?
The cost of living in 48615 Breckenridge, MI is relatively low when compared to other areas. The median home cost is around $112,000, which is lower than the national average, and the cost of living index for the area is 93.7, which is 7.3% lower than the U.S. average. Additionally, utility costs are also on the lower end of the spectrum with electricity costing about 9% less than the national average and natural gas coming in at about 15% below the national average. All of these factors make Breckenridge a great option for those looking to save money on their cost of living expenses without sacrificing quality amenities or services.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesBreckenridgeMichiganUnited States
    Unlock91.5100.0
  90.2  Unlock100.0
    Unlock84.8100.0
  31.6  Unlock100.0
    Unlock$218,700$338,100
  100.8  Unlock100.0
    Unlock115.1100.0
  84.7  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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