The cost of living index in Boyne Falls, MI, shows a varied picture compared to the nationwide average of 100. Housing costs are notably lower, at 80, which means they are 20% less expensive than the national average. Groceries, utilities, and transportation also fall below the national average, with indices of 90, 95, and 85, respectively. However, healthcare costs match the national average at 100, and miscellaneous expenses are at 88, slightly below the average.
The cost of living in Boyne Falls, Michigan, presents a favorable comparison to the nationwide average, which is set at 100. Housing costs in Boyne Falls are notably lower, with an index of 80. This means that housing expenses are 20% less than the national average. For job seekers, this could translate to more affordable living arrangements, potentially freeing up a significant portion of their budget.
Additionally, the grocery index in Boyne Falls is 90, which is 10% less than the national average. This suggests that everyday food expenses are slightly lower than what one might find in other parts of the country. Utilities, with an index of 95, are just 5% below the average, indicating minimal difference in these costs. Transportation costs are also slightly lower at 85, which is 15% less than the national average. Healthcare costs remain on par with the national average at 100, ensuring that medical expenses are comparable to other areas. Miscellaneous costs, at 88, are 12% below the national average, offering further savings in various other expenses. Overall, Boyne Falls provides a cost-effective living environment for those considering relocation.
