Ada, MI, has a cost of living index that is slightly below the nationwide average. The overall index stands at 92, which is 2% lower than the national average of 100. Housing costs in Ada are notably lower, with an index of 85, representing a 15% decrease compared to the national average. This makes Ada a potentially more affordable option for housing. However, other categories like groceries, healthcare, and miscellaneous expenses remain relatively close to the average, with indices of 95, 98, and 92, respectively.
Ada, MI, presents a cost of living that is notably lower than the nationwide average, which is set at 100. Housing costs in Ada are 15% lower than the national average, making it a more affordable option for those looking to settle down. This reduction can significantly ease the financial burden for residents, allowing them to allocate more resources to other areas of their budget.
In addition to housing, Ada also offers a more economical cost of living in other key areas. Groceries are priced at 95, which is 5% below the national average. Transportation costs are 10% lower than the average, providing savings for those who rely on personal vehicles. While utilities remain at par with the national average, healthcare costs are slightly lower at 98, offering a 2% reduction. Miscellaneous expenses are also 8% below the national average, further contributing to the overall affordability of living in Ada, MI.
