Zip 48014 (Capac, MI) Cost of Living


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Capac cost of living score
91.1
Less expensive
8.9% lower
than the US average
0.4% lower
than the Michigan average
Capac (zip 48014), Michigan gets a BestPlaces Cost of Living score of 91.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 8.9% lower than the U.S. average and 0.4% higher than the average for Michigan.

Zip 48014 (Capac, MI)

Housing costs in Capac?
A typical home costs $207,700, which is 38.6% less expensive than the national average of $338,100 and 5.0% less expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Capac costs $980 per month, which is 31.5% cheaper than the national average of $1,430 and 12.2% cheaper than the state average of $1,100.

Can I afford Capac?
To live comfortably in Capac (zip 48014), Michigan, a minimum annual income of $39,960 for a family, and $30,800 for a single person is recommended.

What does A.I. say about Capac?
The cost of living in 48014 Capac, MI is slightly below the national average. According to BestPlaces.net, the cost of living index in 48014 Capac, MI is 89.7, which is about 10% lower than the US average of 100. This means that goods and services that cost $100 in the rest of the country will only cost about $89.70 in 48014 Capac, MI. Housing expenses are especially low here compared to the national average; costs for renting and home purchasing are considerably cheaper than most other areas in Michigan and the United States as a whole. Overall, it's an affordable place to live with plenty of opportunities available for those who call this place home.
   Cost of living score
     CategoriesCapacMichiganUnited States
  91.191.5100.0
  93.493.4100
  91.184.8100.0
  64.771.2100.0
  $207,700$218,700$338,100
  98.6%100.1%100.0%
  120.4115.1100.0
  95.295.9100.0

   100=National Average

   Average Rent by Bedroom Size
Crime