Caledonia, MI, showcases a cost of living index that is notably lower than the nationwide average of 100. Specifically, the overall index stands at 91, reflecting a 9% reduction in living costs. When broken down, Caledonia’s Housing index is 85, Groceries at 92, Utilities at 95, Transportation at 90, Healthcare at 88, and Miscellaneous at 94. These figures indicate that Caledonia offers a more affordable living environment for residents compared to the national average.
Caledonia, MI, has a lower cost of living index compared to the nationwide average, which stands at 100. The overall cost of living in Caledonia is 91, which is 9% lower than the national average. Housing costs in Caledonia are 15% below the national average, with an index of 85. This means that the average expenditure on housing is 15% less than what one might expect to pay nationwide.
Beyond housing, Caledonia also offers savings in other areas. For groceries, the index is 92, indicating that grocery costs are 8% below the national average. Utilities and healthcare also show lower costs, with indices of 95 and 88, respectively. Utilities are only 5% below the national average, and healthcare costs are 12% lower. Transportation and miscellaneous costs are slightly lower than the average as well, with indices of 90 and 94, respectively. These figures suggest that residents of Caledonia can enjoy a more affordable lifestyle in several key areas compared to the national average.