The cost of living index in Ada, MI, reflects a generally lower cost of living compared to the nationwide average of 100. Specifically, Ada's housing costs are 20% below the national average, while groceries, utilities, and miscellaneous expenses are 5%, 10%, and 5% below the average, respectively. Transportation costs in Ada are also 15% below the national average, although healthcare costs remain on par with the nationwide average.
This data indicates that Ada, MI, offers more affordable living conditions in several key areas, making it an attractive option for individuals and families seeking to reduce their living expenses. Prospective residents can find savings in housing, groceries, utilities, and transportation, all without sacrificing essential services such as healthcare.
Ada, MI, presents a cost of living that differs from the nationwide average in several areas. Housing costs in Ada are notably lower, with an index of 80. This means residents can expect to spend 20% less on housing compared to the national average. The lower housing costs can be particularly attractive for individuals or families looking to maximize their spending power.
In other categories, Ada's cost of living remains close to the national average. For instance, groceries have an index of 95, indicating that they are only 5% cheaper than the average price nationwide. Utilities in Ada are slightly lower as well, with an index of 90, representing a 10% reduction in costs. Transportation and miscellaneous items follow a similar trend, with indexes of 85 and 95, respectively. These figures show that while Ada offers savings in some areas, other costs remain comparable to the national average, making it a balanced choice for those considering relocation.
