The cost of living index in Clio, MI, shows a generally lower cost compared to the nationwide average, which is set at 100. Housing costs in Clio stand at 82, indicating a 18% reduction from the national average. Other categories like groceries, utilities, transportation, healthcare, and miscellaneous expenses also reflect lower costs, with the highest being utilities at 95, only 5% above the national average. This data suggests that living in Clio can be more affordable for job seekers.
The cost of living index in Clio, MI, presents a favorable comparison to the nationwide average, which is set at 100. Housing costs are notably lower, with an index of 82, indicating that residents can expect to pay 18% less than the national average for housing. This reduction can make homeownership or renting more affordable, potentially freeing up more of a resident's budget for other expenses.
In other areas, Clio also shows competitive costs relative to the national average. For groceries, the index stands at 90, meaning prices are only 10% higher than the average. The utilities index is 95, which is 5% above the national average. Transportation costs are slightly lower, with an index of 85, suggesting savings of 15%. Healthcare costs are close to the national average, with an index of 92, indicating a modest 8% increase. Miscellaneous expenses, with an index of 88, are 12% below the national average. Overall, Clio offers a cost of living that is generally lower or only slightly higher than the national average, making it an attractive option for those seeking affordability.
