Zip 48097 (Yale, MI) Cost of Living


0 Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.

Yale cost of living score
91.1
Less expensive
8.9% lower
than the US average
0.4% lower
than the Michigan average
Yale (zip 48097), Michigan gets a BestPlaces Cost of Living score of 91.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 8.9% lower than the U.S. average and 0.4% higher than the average for Michigan.

Zip 48097 (Yale, MI)

Housing costs in Yale?
A typical home costs $193,100, which is 42.9% less expensive than the national average of $338,100 and 11.7% less expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Yale costs $990 per month, which is 30.8% cheaper than the national average of $1,430 and 11.1% cheaper than the state average of $1,100.

Can I afford Yale?
To live comfortably in Yale (zip 48097), Michigan, a minimum annual income of $37,080 for a family, and $30,800 for a single person is recommended.

What does A.I. say about Yale?
The cost of living in 48097 Yale, MI is quite reasonable. Housing costs here are some of the most affordable in the state, with a median home value of around $78,000 and a median rent of only $701 per month. Goods and services are also fairly priced, with a cost of living index that is slightly below the national average. Additionally, the nearby city of Port Huron has many grocery stores and other amenities that help to keep prices competitive. Overall, living in this small Michigan town is quite economical and offers plenty of opportunities for those looking to save money.
   Cost of living score
     CategoriesYaleMichiganUnited States
  91.191.5100.0
  93.193.4100
  91.184.8100.0
  58.471.2100.0
  $193,100$218,700$338,100
  93.2%100.1%100.0%
  125.0115.1100.0
  95.295.9100.0

   100=National Average

   Average Rent by Bedroom Size
Crime