The cost of living index in Boyne Falls, MI, stands at 90, which is 10% lower than the nationwide average of 100. This lower index suggests that residents may find expenses for housing, groceries, utilities, transportation, healthcare, and miscellaneous items to be more affordable compared to the national average. Job seekers considering a move to Boyne Falls can expect a more budget-friendly living experience.
The cost of living in Boyne Falls, MI, presents a favorable comparison to the nationwide average, which is set at 100. Housing costs in Boyne Falls stand at 85, indicating that residents can expect to pay 15% less than the national average. This reduction in housing expenses can be a significant advantage for those relocating to the area, offering more affordability without compromising on quality of life.
In other areas, Boyne Falls also shows competitive costs relative to the national average. Groceries cost 92, which is 2% less than the average. Utilities and transportation each cost 95, matching the national average. Healthcare costs are slightly lower at 90, meaning residents pay 10% less for healthcare services. Miscellaneous expenses are at 88, which is 12% below the national average. Overall, Boyne Falls provides a cost-effective living environment with several categories below the national average.
