The cost of living index in Allegan, MI, is notably lower than the nationwide average of 100. Specifically, Allegan's housing costs are 85% of the national average, making it more affordable for residents. Utilities, groceries, and healthcare also show values below the national average, with indices of 95, 92, and 90 respectively. This indicates that living in Allegan can be more economical compared to many other places across the country.
Allegan, MI, boasts a cost of living that is slightly below the nationwide average, making it an attractive option for those looking to manage their expenses wisely. The overall cost of living index for Allegan is 89, which indicates it is 11% less expensive than the national average of 100. One of the key areas where Allegan residents benefit is housing, with an index of 85. This suggests that housing costs in Allegan are 15% lower than the average. Additionally, the transportation index of 88 also points to savings, with residents spending 12% less on commuting and vehicle expenses compared to the national average.
In other areas, such as groceries and healthcare, Allegan maintains costs that are close to the national average. The grocery index of 92 means costs are only 8% below the average, while the healthcare index of 90 indicates a modest 10% decrease in medical expenses. Utilities and miscellaneous expenses also reflect slight savings, with indices of 95 and 87, respectively. These indices suggest that utilities are 5% cheaper, and other miscellaneous expenses are 13% less than the national average. Overall, Allegan provides a balanced living experience with several cost advantages for residents.
