Zip 48117 (Carleton, MI) Cost of Living


1 Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
United States / Michigan / Monroe Metro Area / Monroe County / No City / Carleton (zip 48117)
How much do I need to live in Carleton, Michigan?
$4,170 / month
for a family, 22.8% less expensive than the national average A total of $50,040 for the year for a family.
$2,600 / month
for a single person, 45.5% less expensive than the national average A total of $31,200 for the year for a single person.

Carleton cost of living score
91.5
Less expensive
8.5% lower
than the US average
0.0% lower
than the Michigan average
Carleton (zip 48117), Michigan gets a BestPlaces Cost of Living score of 91.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 8.5% lower than the U.S. average and 0.0% lower than the average for Michigan.

Zip 48117 (Carleton, MI)

Housing costs in Carleton?
A typical home costs $261,000, which is 22.8% less expensive than the national average of $338,100 and 19.3% more expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Carleton costs $1,020 per month, which is 28.7% cheaper than the national average of $1,430 and 7.8% cheaper than the state average of $1,100.

Can I afford Carleton?
To live comfortably in Carleton (zip 48117), Michigan, a minimum annual income of $50,040 for a family, and $31,200 for a single person is recommended.

What does A.I. say about Carleton?
The cost of living in 48117 Carleton, MI is quite reasonable. Groceries, housing, health care, and utilities are all on par with the national average, making it a great place to live for those on a budget. The median home price is $129,000 which is considerably lower than nearby cities such as Ann Arbor and Detroit. Transportation costs are also relatively low due to the proximity of nearby freeways and highways. This makes it easy to commute to work or school without having to bear the high gas prices associated with other urban areas. All in all, living in 48117 Carleton, MI can be an affordable option for those looking for a new place to call home.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesCarletonMichiganUnited States
    Unlock91.5100.0
  96.1  Unlock100.0
    Unlock84.8100.0
  90.2  Unlock100.0
    Unlock$218,700$338,100
  99.6  Unlock100.0
    Unlock115.1100.0
  96.5  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Carleton
    See all (1)

Over 16 years ago

Carleton-Maybee, MI is a great get away from the hustle of the city. It is a 1/2 hour (or so) drive to larger metro areas (Monroe, Ann Arbor, Toledo, OH and Windsor, CA  More

   |    Reply

Start Your Review of Carleton

Crime

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.