Bloomfield Township, MI, shows a higher cost of living compared to the nationwide average. Housing costs are 20% higher, while groceries are 5% higher. Utilities, transportation, and miscellaneous costs are slightly lower, but healthcare costs are 15% higher. Overall, the cost of living index in Bloomfield Township is 10% above the national average.
Bloomfield Township, MI, has a higher cost of living compared to the nationwide average. Housing costs in the area are 20% higher, with an index of 120. This means that expenses for rent or mortgage are significantly above the national average. Groceries also cost more, with an index of 105, indicating a 5% increase in food prices.
Utilities in Bloomfield Township are slightly below the national average, with an index of 95. This represents a 5% decrease in costs for electricity, gas, and water. Transportation costs are also lower, with an index of 90, showing a 10% reduction compared to the national average. Healthcare costs are 15% higher, with an index of 115, reflecting increased expenses for medical services and insurance. Miscellaneous costs remain at par with the national average, with an index of 100.
