Zip 49512 (Kentwood, MI) Cost of Living


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Kentwood cost of living score
94.5
Less expensive
5.5% lower
than the US average
3.3% higher
than the Michigan average
Kentwood (zip 49512), Michigan gets a BestPlaces Cost of Living score of 94.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 5.5% lower than the U.S. average and 3.3% lower than the average for Michigan.

Zip 49512 (Kentwood, MI)

Housing costs in Kentwood?
A typical home costs $315,000, which is 6.8% less expensive than the national average of $338,100 and 44.0% more expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Kentwood costs $1,190 per month, which is 8.2% more than the national average of $1,100 and close to the state average of $1,170.

Can I afford Kentwood?
To live comfortably in Kentwood (zip 49512), Michigan, a minimum annual income of $60,480 for a family, and $39,600 for a single person is recommended.

What does A.I. say about Kentwood?
49512 Kentwood, MI is a great place to live due to its reasonable cost of living. The cost of housing in this area is below the national average, as are many other costs associated with day-to-day living. Supermarkets are available throughout the city, providing quality groceries at affordable prices. Gasoline prices are also relatively low compared to other cities in Michigan. In addition, there are plenty of entertainment opportunities available that make 49512 Kentwood, MI an attractive and affordable place to live.
   Cost of living score
     CategoriesKentwoodMichiganUnited States
  94.591.5100.0
  97.193.4100
  81.284.8100.0
  95.671.2100.0
  $315,000$218,700$338,100
  99.9%100.1%100.0%
  96.7115.1100.0
  101.395.9100.0

   100=National Average

   Average Rent by Bedroom Size
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