Zip 48022 (Emmett, MI) Cost of Living


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How much do I need to live in Emmett, 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.
$2,567 / month
for a single person, 46.2% less expensive than the national average A total of $30,800 for the year for a single person.

Emmett cost of living score
91.1
Less expensive
8.9% lower
than the US average
0.4% lower
than the Michigan average
Emmett (zip 48022), Michigan gets a BestPlaces Cost of Living score of 91.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 8.9% lower than the U.S. average and 0.4% higher than the average for Michigan.

Zip 48022 (Emmett, MI)

Housing costs in Emmett?
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 Emmett 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 Emmett?
To live comfortably in Emmett (zip 48022), Michigan, a minimum annual income of $50,040 for a family, and $30,800 for a single person is recommended.

What does A.I. say about Emmett?
The cost of living in 48022 Emmett, MI is quite reasonable. The median home price is $175,000, which is slightly lower than the average for Michigan. Renting a one bedroom apartment averages around $750 per month, while a three-bedroom averages around $1,050. Groceries and utilities are also generally lower than average compared to similar areas in the state. The overall cost of living index for this area is 7% below the Michigan state average, making it an affordable place to live.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesEmmettMichiganUnited States
    Unlock91.5100.0
  95.8  Unlock100.0
    Unlock84.8100.0
  88.4  Unlock100.0
    Unlock$218,700$338,100
  98.6  Unlock100.0
    Unlock115.1100.0
  95.2  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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