Zip 48476 (Vernon, MI) Cost of Living


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United States / Michigan / No Metro Area / Shiawassee County / Vernon / Vernon (zip 48476)

Vernon cost of living score
80.9
Less expensive
19.1% lower
than the US average
11.6% lower
than the Michigan average
Vernon (zip 48476), Michigan gets a BestPlaces Cost of Living score of 80.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 19.1% lower than the U.S. average and 11.6% higher than the average for Michigan.

Zip 48476 (Vernon, MI)

Housing costs in Vernon?
A typical home costs $138,800, which is 58.9% less expensive than the national average of $338,100 and 36.5% less expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Vernon costs $850 per month, which is 40.6% cheaper than the national average of $1,430 and 29.4% cheaper than the state average of $1,100.

Can I afford Vernon?
To live comfortably in Vernon (zip 48476), Michigan, a minimum annual income of $26,640 for a family, and $26,000 for a single person is recommended.

What does A.I. say about Vernon?
The cost of living in 48476 Vernon, MI is quite reasonable. The area boasts an average home price of around $80,000, and rental prices are generally quite low. Groceries are relatively inexpensive, with a moderate cost of goods across the board. Utilities are also affordable, with the average electric bill coming in at around $125 per month. The overall cost of living in 48476 Vernon, MI is slightly below the national average, making it an attractive option for those looking to save some money while maintaining their lifestyle.
   Cost of living score
     CategoriesVernonMichiganUnited States
  80.991.5100.0
  91.893.4100
  88.284.8100.0
  44.871.2100.0
  $138,800$218,700$338,100
  101.2%100.1%100.0%
  96.5115.1100.0
  87.595.9100.0

   100=National Average

   Average Rent by Bedroom Size
Crime