Zip 49403 (Conklin, MI) Cost of Living


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Conklin cost of living score
94.3
Less expensive
5.7% lower
than the US average
3.1% higher
than the Michigan average
Conklin (zip 49403), Michigan gets a BestPlaces Cost of Living score of 94.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 5.7% lower than the U.S. average and 3.1% lower than the average for Michigan.

Zip 49403 (Conklin, MI)

Housing costs in Conklin?
A typical home costs $284,500, which is 15.9% less expensive than the national average of $338,100 and 30.1% more expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Conklin costs $1,210 per month, which is 15.4% cheaper than the national average of $1,430 and 9.1% more than the state average of $1,100.

Can I afford Conklin?
To live comfortably in Conklin (zip 49403), Michigan, a minimum annual income of $54,360 for a family, and $42,800 for a single person is recommended.

What does A.I. say about Conklin?
The cost of living in 49403 Conklin, MI is relatively low, which makes it an attractive destination for retirees and those looking to buy their first home. The median home value in the area is around $104,000, which is below the national average, and rent on a one-bedroom apartment can range from around $500 to $800 per month. This makes Conklin an affordable option for those looking to settle down without breaking the bank. Additionally, goods and services in the area are typically cheaper than in areas with higher costs of living.
   Cost of living score
     CategoriesConklinMichiganUnited States
  94.391.5100.0
  95.693.4100
  81.384.8100.0
  86.271.2100.0
  $284,500$218,700$338,100
  99.6%100.1%100.0%
  99.0115.1100.0
  97.295.9100.0

   100=National Average

   Average Rent by Bedroom Size
Crime