Zip 49764 (Oden, MI) Cost of Living


0 Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
United States / Michigan / No Metro Area / Emmet County / Oden / Oden (zip 49764)

Oden cost of living score
91.5
Less expensive
8.5% lower
than the US average
0.0% lower
than the Michigan average
Oden (zip 49764), Michigan gets a BestPlaces Cost of Living score of 91.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 8.5% lower than the U.S. average and 0.0% lower than the average for Michigan.

Zip 49764 (Oden, MI)

Housing costs in Oden?
A typical home costs $341,200, which is 0.9% more expensive than the national average of $338,100 and 56.0% more expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Oden costs $950 per month, which is 33.6% cheaper than the national average of $1,430 and 15.8% cheaper than the state average of $1,100.

Can I afford Oden?
To live comfortably in Oden (zip 49764), Michigan, a minimum annual income of $65,520 for a family, and $29,200 for a single person is recommended.

What does A.I. say about Oden?
Living in 49764 Oden, MI is relatively affordable. The cost of living index is 89.1, which is 11 percent lower than the U.S. average. The median home value for this area is $86,400, which is significantly lower than the national median value of $204,900. Housing costs are one of the most important factors when it comes to cost of living expenses and 49764 Oden, MI offers an attractive option in this regard. Additionally, the average household income in this area is $61,304 and the overall poverty rate is only 15%. This indicates that residents have enough disposable income to meet their everyday needs and still save for long-term goals such as retirement or a college fund for their children.
   Cost of living score
     CategoriesOdenMichiganUnited States
  91.591.5100.0
  91.893.4100
  84.184.8100.0
  50.571.2100.0
  $341,200$218,700$338,100
  97.4%100.1%100.0%
  85.5115.1100.0
  110.695.9100.0

   100=National Average

   Average Rent by Bedroom Size
Crime