Zip 48356 (Highland, MI) Cost of Living


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How much do I need to live in Highland, Michigan?
$4,830 / month
for a family, 10.6% less expensive than the national average A total of $57,960 for the year for a family.
$3,367 / month
for a single person, 29.4% less expensive than the national average A total of $40,400 for the year for a single person.

Highland cost of living score
104.9
More expensive
4.9% higher
than the US average
14.6% higher
than the Michigan average
Highland (zip 48356), Michigan gets a BestPlaces Cost of Living score of 104.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 4.9% higher than the U.S. average and 14.6% higher than the average for Michigan.

Zip 48356 (Highland, MI)

Housing costs in Highland?
A typical home costs $303,300, which is 10.3% less expensive than the national average of $338,100 and 38.7% more expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Highland costs $1,280 per month, which is 10.5% cheaper than the national average of $1,430 and 14.1% more than the state average of $1,100.

Can I afford Highland?
To live comfortably in Highland (zip 48356), Michigan, a minimum annual income of $57,960 for a family, and $40,400 for a single person is recommended.

What does A.I. say about Highland?
Living in 48356 Highland, MI is quite affordable. The cost of living index for Highland is 88.5, which is 12.5% lower than the U.S average. This makes it a great place to live for those looking for an affordable lifestyle. Housing is especially affordable in Highland, with median home prices around $174,000 and monthly rent averaging around $1,000. Other expenses such as food, utilities and transportation are also relatively low and below the national average. All in all, Highland represents a great value for people looking to settle down or raise a family without breaking the bank.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesHighlandMichiganUnited States
    Unlock91.5100.0
  97.8  Unlock100.0
    Unlock84.8100.0
  103.1  Unlock100.0
    Unlock$218,700$338,100
  98.3  Unlock100.0
    Unlock115.1100.0
  125.0  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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