Clare, MI, offers a favorable cost of living with a cost of living index of 81. This means Clare's cost of living is 19% lower than the nationwide average. Specifically, Clare's housing costs are 30% lower, while groceries are only 15% lower than the national average.
Job seekers will find Clare's lower housing and grocery expenses beneficial, which could provide them with more savings and a better quality of life. The slightly lower utility and healthcare costs also contribute to the overall affordability, making Clare an attractive option for relocating individuals.
The cost of living in Clare, MI, compared to the nationwide average, presents a mix of both higher and lower expenses across various categories. For example, housing costs in Clare are significantly lower, with an index of 70. This means residents pay about 30% less for housing than the national average. Lower housing costs can make Clare an attractive location for those looking to save on living expenses.
Other categories also show a range of differences from the national average, which is set at 100. Groceries in Clare are priced at 85, meaning they cost 15% less than the national average. Utilities, however, are slightly higher, with an index of 90, representing an increase of 10% compared to the national average. Transportation costs in Clare stand at 80, which is 20% below the national average. These varied costs provide a balanced picture of what residents might expect when considering a move to Clare, MI.