Charlevoix, MI, offers a cost of living that is slightly below the nationwide average. The overall cost of living index for Charlevoix stands at 93, which is 7% lower than the national average of 100. This makes it a more affordable place to live in terms of housing, groceries, utilities, transportation, and miscellaneous expenses. However, healthcare costs remain on par with the national average.
Charlevoix, MI, offers a cost of living that is relatively lower than the nationwide average. The housing index in Charlevoix stands at 92, which means housing costs are 8% less than the national average. This makes it an attractive option for those looking to save on housing expenses without sacrificing quality of life.
In addition to housing, groceries in Charlevoix are priced at 95, which is 5% below the national average. The utilities index is slightly higher at 98, indicating a minimal increase of 2% compared to the average. Transportation costs are also lower, with an index of 90, meaning they are 10% cheaper than the national average. Overall, Charlevoix provides a cost-effective living environment for many essential expenses.