Zip 49240 (Grass Lake, MI) Cost of Living


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United States / Michigan / Jackson Metro Area / Jackson County / No City / Grass Lake (zip 49240)
How much do I need to live in Grass Lake, Michigan?
$4,650 / month
for a family, 13.9% less expensive than the national average A total of $55,800 for the year for a family.
$3,000 / month
for a single person, 37.1% less expensive than the national average A total of $36,000 for the year for a single person.

Grass Lake cost of living score
85.3
Less expensive
14.7% lower
than the US average
6.8% lower
than the Michigan average
Grass Lake (zip 49240), Michigan gets a BestPlaces Cost of Living score of 85.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 14.7% lower than the U.S. average and 6.8% higher than the average for Michigan.

Zip 49240 (Grass Lake, MI)

Housing costs in Grass Lake?
A typical home costs $291,500, which is 13.8% less expensive than the national average of $338,100 and 33.3% more expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Grass Lake costs $1,070 per month, which is 25.2% cheaper than the national average of $1,430 and 2.8% cheaper than the state average of $1,100.

Can I afford Grass Lake?
To live comfortably in Grass Lake (zip 49240), Michigan, a minimum annual income of $55,800 for a family, and $36,000 for a single person is recommended.

What does A.I. say about Grass Lake?
The cost of living in 49240 Grass Lake, MI is quite reasonable. The median home value is around $122,700 which is lower than the national average. Additionally, the median rent price is only $790 per month, making it significantly more affordable than other areas in the state and country. Other costs of living such as groceries, utilities, and transportation are also quite reasonable when compared to the national average. This makes Grass Lake an ideal destination for those looking to live a comfortable life without breaking the bank.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesGrass LakeMichiganUnited States
    Unlock91.5100.0
  97.7  Unlock100.0
    Unlock84.8100.0
  95.9  Unlock100.0
    Unlock$218,700$338,100
  99.1  Unlock100.0
    Unlock115.1100.0
  88.3  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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