Charlotte, MI, offers a cost of living that is notably lower than the nationwide average. The overall cost of living index for Charlotte stands at 85, which is 15% below the national average of 100. This lower cost of living makes it an attractive option for job seekers looking to maximize their purchasing power.
Specifically, housing costs in Charlotte are 25% lower than the national average, while groceries are only 10% below the average. Utilities and transportation also remain slightly below the national figures, at 5% and 15% lower, respectively. Healthcare and miscellaneous expenses are relatively close to the national average, with differences of 20% and 12%, respectively.
The cost of living in Charlotte, MI, presents a favorable comparison to the nationwide average, which is set at 100. Housing costs in Charlotte stand at 75, indicating that residents can expect to pay 25% less than the national average for housing. This lower housing index can be a significant advantage for job seekers looking to maximize their purchasing power.
In other areas, Charlotte also offers competitive costs. Groceries cost 90, meaning they are 10% less expensive than the national average. Utilities are priced at 95, which is 5% below the average. Transportation costs are at 85, 15% lower than the nationwide average. Healthcare costs are at 80, which is 20% less than the national average. Miscellaneous expenses, including entertainment and personal care, are at 88, 12% less than the average. Overall, Charlotte provides a cost-effective living environment for many essential expenses.
