Zip 49885 (Skandia, MI) Cost of Living


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Skandia cost of living score
85.9
Less expensive
14.1% lower
than the US average
6.1% lower
than the Michigan average
Skandia (zip 49885), Michigan gets a BestPlaces Cost of Living score of 85.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 14.1% lower than the U.S. average and 6.1% higher than the average for Michigan.

Zip 49885 (Skandia, MI)

Housing costs in Skandia?
A typical home costs $180,500, which is 46.6% less expensive than the national average of $338,100 and 17.5% less expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Skandia costs $900 per month, which is 37.1% cheaper than the national average of $1,430 and 22.2% cheaper than the state average of $1,100.

Can I afford Skandia?
To live comfortably in Skandia (zip 49885), Michigan, a minimum annual income of $34,560 for a family, and $29,200 for a single person is recommended.

What does A.I. say about Skandia?
The cost of living in 49885 Skandia, MI is relatively low compared to other similar areas. The median home value is around $107,400, which is well below the national average. Property taxes are also lower than the national average, coming in at only 1.66%. Groceries and utilities tend to be slightly higher than the national averages, but still remain affordable for most people. The overall cost of living in Skandia is ideal for those who desire a more rural lifestyle while still having access to modern amenities and conveniences.
   Cost of living score
     CategoriesSkandiaMichiganUnited States
  85.991.5100.0
  92.393.4100
  120.284.8100.0
  57.771.2100.0
  $180,500$218,700$338,100
  115.7%100.1%100.0%
  101.9115.1100.0
  106.195.9100.0

   100=National Average

   Average Rent by Bedroom Size
Crime