Zip 49958 (Pelkie, MI) Cost of Living


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Pelkie cost of living score
80.3
Less expensive
19.7% lower
than the US average
12.2% lower
than the Michigan average
Pelkie (zip 49958), Michigan gets a BestPlaces Cost of Living score of 80.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 19.7% lower than the U.S. average and 12.2% higher than the average for Michigan.

Zip 49958 (Pelkie, MI)

Housing costs in Pelkie?
A typical home costs $130,700, which is 61.3% less expensive than the national average of $338,100 and 40.2% less expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Pelkie costs $800 per month, which is 44.1% cheaper than the national average of $1,430 and 37.5% cheaper than the state average of $1,100.

Can I afford Pelkie?
To live comfortably in Pelkie (zip 49958), Michigan, a minimum annual income of $25,200 for a family, and $26,400 for a single person is recommended.

What does A.I. say about Pelkie?
49958 Pelkie, MI is an affordable place to live compared to many other parts of the country. The cost of living here is 6% lower than the Michigan average and 15.6% lower than the national average. This makes 49958 Pelkie, MI a great place for those looking to save money while still enjoying a high quality of life. Housing costs are especially low here, with median home values at $68,200 and median rent prices at just under $700 per month. This makes it easy for people of all economic backgrounds to find affordable housing in the area. The same can be said for food and other everyday necessities, as grocery prices in 49958 Pelkie are 7.4% below the national average. All in all, 49958 Pelkie is an excellent place for budget conscious individuals or families who want to live comfortably without breaking the bank.
   Cost of living score
     CategoriesPelkieMichiganUnited States
  80.391.5100.0
  91.793.4100
  120.984.8100.0
  39.171.2100.0
  $130,700$218,700$338,100
  123.7%100.1%100.0%
  100.5115.1100.0
  95.095.9100.0

   100=National Average

   Average Rent by Bedroom Size
Crime