Cheboygan, MI, offers a lower cost of living compared to the nationwide average. The overall cost of living index in Cheboygan stands at 89, which is 11% lower than the national average of 100. This reduction is primarily driven by lower housing costs, which are 20% below the national average. Additionally, utilities and transportation costs are also slightly lower, making Cheboygan an attractive option for those seeking affordability.
Cheboygan, MI, offers a cost of living that is notably lower than the nationwide average. The housing index in Cheboygan stands at 80, which is 20% below the national average. This means that housing costs in Cheboygan are significantly more affordable, making it an attractive option for those looking to save on their living expenses. Additionally, the transportation index is 85, which is 15% lower than the national average, indicating that commuting and other transportation costs are also more budget-friendly.
In other areas, Cheboygan's cost of living remains close to the national average. The grocery index is 95, which is just 5% below the average, suggesting that the cost of food is nearly comparable to other parts of the country. Utilities and miscellaneous costs also mirror the national average, with indices of 90 and 90, respectively. This balance across various categories makes Cheboygan a practical choice for those seeking a lower cost of living without sacrificing too much in terms of quality or accessibility.