In Michigan, the cost of living is nearly 11 points below the national average. In almost areas, including rent, Michigan is cheaper. One area where the cost of living is slightly more expensive is transportation. However, housing more than makes up for this, with the price being nearly 20 points below the national average. The median home cost is also almost $140k below the national average. Groceries are also more affordable, being 9 points below the national average. In conclusion, if you want to move to Michigan, you can live a happy retirement without spending too much on it.
|COST OF LIVING||Michigan||United States|
|Median Home Cost||$154,900||$291,700|