Zip 48813 (Charlotte, MI) Cost of Living


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How much do I need to live in Charlotte, Michigan?
$3,270 / month
for a family, 39.4% less expensive than the national average A total of $39,240 for the year for a family.
$2,533 / month
for a single person, 46.9% less expensive than the national average A total of $30,400 for the year for a single person.

Charlotte cost of living score
87.7
Less expensive
12.3% lower
than the US average
4.2% lower
than the Michigan average
Charlotte (zip 48813), Michigan gets a BestPlaces Cost of Living score of 87.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 12.3% lower than the U.S. average and 4.2% higher than the average for Michigan.

Zip 48813 (Charlotte, MI)

Housing costs in Charlotte?
A typical home costs $205,100, which is 39.3% less expensive than the national average of $338,100 and 6.2% less expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Charlotte costs $930 per month, which is 15.5% cheaper than the national average of $1,100 and 11.8% cheaper than the state average of $1,040.

Can I afford Charlotte?
To live comfortably in Charlotte (zip 48813), Michigan, a minimum annual income of $39,240 for a family, and $30,400 for a single person is recommended.

What does A.I. say about Charlotte?
Living in 48813 Charlotte, MI is reasonable from a cost of living standpoint. The cost of basic necessities like groceries, healthcare, and transportation are all in line with the national average. Additionally, housing costs remain below the national median for both renting and homeownership. That said, property taxes are a bit higher than other cities in Michigan due to the city's large size. All in all, living in 48813 Charlotte is an affordable option that can provide plenty of opportunities for those looking to settle down or raise their family in a safe and friendly community.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesCharlotteMichiganUnited States
    Unlock91.5100.0
  93.6  Unlock100.0
    Unlock84.8100.0
  63.6  Unlock100.0
    Unlock$218,700$338,100
  98.8  Unlock100.0
    Unlock115.1100.0
  89.8  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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