Erie, MI is a small city located in the southeastern region of Michigan. This area is known for its attractive landscapes, small-town charm, and friendly atmosphere. With two bedroom rent costing $1,260 a month, it is considered to be very affordable compared to the US average of $1,430. The cost of groceries in Erie is also lower than the US’s average as evidenced by its grocery cost index of 94 versus 100. This makes living here very economical.
Erie has many local companies that contribute to its economy such as Walbridge Industrial Services and Rosta Inc., both providing employment opportunities to locals. Additionally, there are several restaurants around town including Bittersweet Café & Bakery offering delicious homemade meals for all to enjoy!
Overall, Erie, MI offers a great quality of life for anyone looking for an affordable place to call home. With lower than expected costs on rent and groceries and many local businesses to explore, it can be a great option for those wanting more bang for their buck!
Erie has an unemployment rate of 5.6%. The US average is 6.0%.
Erie has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 25.6%, which is lower than the US average of 33.5%.
Tax Rates for Erie
- The Sales Tax Rate for Erie is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Erie is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Erie
- The average income of a Erie resident is $25,854 a year. The US average is $28,555 a year.
- The Median household income of a Erie resident is $63,427 a year. The US average is $69,021 a year.