Zip 48440 (Hadley, MI) Cost of Living


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How much do I need to live in Hadley, Michigan?
$5,730 / month
for a family, 6.1% more expensive than the national average A total of $68,760 for the year for a family.
$2,700 / month
for a single person, 43.4% less expensive than the national average A total of $32,400 for the year for a single person.

Hadley cost of living score
96
Less expensive
4.0% lower
than the US average
4.9% higher
than the Michigan average
Hadley (zip 48440), Michigan gets a BestPlaces Cost of Living score of 96, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 4.0% lower than the U.S. average and 4.9% lower than the average for Michigan.

Zip 48440 (Hadley, MI)

Housing costs in Hadley?
A typical home costs $358,400, which is 6.0% more expensive than the national average of $338,100 and 63.9% more expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Hadley costs $1,030 per month, which is 28.0% cheaper than the national average of $1,430 and 6.8% cheaper than the state average of $1,100.

Can I afford Hadley?
To live comfortably in Hadley (zip 48440), Michigan, a minimum annual income of $68,760 for a family, and $32,400 for a single person is recommended.

What does A.I. say about Hadley?
The cost of living in 48440 Hadley, MI is relatively affordable. The overall cost of living index is about 94, which is below the national average. This means that a family of four can live comfortably on a single income without breaking the bank. Prices for basic necessities such as groceries, housing, and transportation are all quite reasonable compared to other areas in Michigan. Residents benefit from the low state taxes and no sales tax on food and medicine. Additionally, local businesses offer discounts to residents helping to keep costs down even more. All in all, living in Hadley, MI comes with a lower cost of living than many other places in Michigan yet still offers plenty of amenities and activities for residents to enjoy.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesHadleyMichiganUnited States
    Unlock91.5100.0
  98.4  Unlock100.0
    Unlock84.8100.0
  69.8  Unlock100.0
    Unlock$218,700$338,100
  100.5  Unlock100.0
    Unlock115.1100.0
  99.1  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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