Zip 49043 (Covert, MI) Cost of Living


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How much do I need to live in Covert, Michigan?
$2,280 / month
for a family, 57.8% less expensive than the national average A total of $27,360 for the year for a family.
$2,500 / month
for a single person, 47.6% less expensive than the national average A total of $30,000 for the year for a single person.

Covert cost of living score
88.5
Less expensive
11.5% lower
than the US average
3.3% lower
than the Michigan average
Covert (zip 49043), Michigan gets a BestPlaces Cost of Living score of 88.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 11.5% lower than the U.S. average and 3.3% higher than the average for Michigan.

Zip 49043 (Covert, MI)

Housing costs in Covert?
A typical home costs $142,700, which is 57.8% less expensive than the national average of $338,100 and 34.8% less expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Covert 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 Covert?
To live comfortably in Covert (zip 49043), Michigan, a minimum annual income of $27,360 for a family, and $30,000 for a single person is recommended.

What does A.I. say about Covert?
The cost of living in 49043 Covert, MI is relatively low compared to larger cities and towns. The median home value is around $178,000, which is much lower than the national average. The median household income in the area is about $52,000 per year. Utility costs are also quite affordable; residents can expect to pay an average of about $75 per month for electricity and $51 for water services. Additionally, the local food prices are well below the national average. On top of that, there is no state income tax in Michigan, which helps make it easier to afford living expenses. All in all, 49043 Covert, MI offers a great cost of living that is ideal for those who are looking for a comfortable and affordable place to call home.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesCovertMichiganUnited States
    Unlock91.5100.0
  91.9  Unlock100.0
    Unlock84.8100.0
  44.6  Unlock100.0
    Unlock$218,700$338,100
  96.2  Unlock100.0
    Unlock115.1100.0
  90.2  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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