Charlotte, MI, presents a cost of living index slightly below the nationwide average of 100. With an overall index of 88, residents find that their expenses are generally 12% less than the national average. This makes Charlotte a potentially attractive location for those looking to reduce living costs without sacrificing quality of life.
Specifically, housing in Charlotte stands at 80, meaning it costs 20% less than the average American city. Although groceries (92) and utilities (95) are nearly on par with the national average, other categories like healthcare (90) and miscellaneous (85) also show a manageable cost. This balance offers a favorable option for cost-conscious job seekers.
Charlotte, MI, presents a cost of living index that is slightly below the nationwide average of 100. The housing index stands at 80, indicating that residents spend 20% less on housing compared to the national average. This affordability makes Charlotte an attractive option for those seeking budget-friendly living arrangements.
Additionally, groceries in Charlotte are priced at 92, which is 2% below the national average. Utilities follow closely at 95, showing only a slight increase of 5%. Transportation costs sit at 88, offering an 12% savings for Charlotte residents. Healthcare services are slightly cheaper, with an index of 90, representing a 10% decrease. Miscellaneous expenses are at 85, indicating a 15% reduction. Overall, Charlotte offers a competitive cost of living with several categories below the national average, making it a smart choice for cost-conscious professionals.
