Zip 48356 (Highland, MI) Cost of Living


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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
     CategoriesHighlandMichiganUnited States
  104.991.5100.0
  97.893.4100
  79.984.8100.0
  103.171.2100.0
  $303,300$218,700$338,100
  98.3%100.1%100.0%
  129.3115.1100.0
  125.095.9100.0

   100=National Average

   Average Rent by Bedroom Size
Crime