Charlevoix, MI, offers a cost of living that is generally lower than the nationwide average. The overall cost of living index for Charlevoix stands at 93, which is 7% lower than the average of 100. This lower cost is primarily due to housing, which is 15% below the national average.
While groceries and utilities are slightly above the national average, transportation and miscellaneous costs are also below the average. Healthcare costs in Charlevoix match the national average, providing a balanced view of the overall cost of living.
Charlevoix, MI, offers a cost of living that is notably lower than the nationwide average. The housing index in Charlevoix stands at 85, which is 15% below the national average. This means that housing costs in Charlevoix are significantly more affordable, making it an attractive option for those looking to save on their living expenses.
In addition to housing, other areas also show a lower cost of living in Charlevoix. Groceries cost 95% of the national average, which is a 5% reduction. Utilities are slightly above average at 98%, but still only a minor increase. Transportation costs are 90% of the national average, offering a 10% savings. The healthcare index matches the national average at 100%, ensuring that medical costs remain consistent. Miscellaneous expenses, which include items like entertainment and personal care, are at 92%, providing a modest 8% savings. Overall, Charlevoix presents a cost of living that is beneficial for those seeking to reduce their expenses without compromising on quality.