Zip 48130 (Dexter, MI) Cost of Living


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Dexter cost of living score
105.5
More expensive
5.5% higher
than the US average
15.3% higher
than the Michigan average
Dexter (zip 48130), Michigan gets a BestPlaces Cost of Living score of 105.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 5.5% higher than the U.S. average and 15.3% higher than the average for Michigan.

Zip 48130 (Dexter, MI)

Housing costs in Dexter?
A typical home costs $398,000, which is 17.7% more expensive than the national average of $338,100 and 82.0% more expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Dexter costs $1,410 per month, which is 1.4% cheaper than the national average of $1,430 and 22.0% more than the state average of $1,100.

Can I afford Dexter?
To live comfortably in Dexter (zip 48130), Michigan, a minimum annual income of $76,320 for a family, and $47,200 for a single person is recommended.

What does A.I. say about Dexter?
The cost of living in 48130 Dexter, MI is quite reasonable. The median home value in the area is $258,400, which is higher than the Michigan average but lower than the national average. When it comes to everyday expenses such as groceries and transportation, residents can expect to spend about 9% less than the national average. The overall cost of living in 48130 Dexter, MI is rated at 92 out of 100 compared to the rest of the country, making it a great place to call home for families on a budget.
   Cost of living score
     CategoriesDexterMichiganUnited States
  105.591.5100.0
  101.793.4100
  80.984.8100.0
  139.471.2100.0
  $398,000$218,700$338,100
  99.6%100.1%100.0%
  110.2115.1100.0
  132.895.9100.0

   100=National Average

   Average Rent by Bedroom Size
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