Dexter, MI, has a cost of living index that varies across different categories. Housing stands at 85%, which is below the nationwide average of 100%. This suggests that housing costs in Dexter are more affordable compared to the national average.
Other areas like groceries, utilities, transportation, healthcare, and miscellaneous costs are closer to or slightly above the national average. Groceries are at 90%, utilities and transportation each at 95%, healthcare at 100%, and miscellaneous at 92%. This balance indicates that while some expenses remain competitive, others align closely with the national figures.
Dexter, MI, presents a cost of living that is below the nationwide average in several areas. Housing in Dexter is notably affordable, with an index of 85, meaning it costs 15% less than the national average. This makes housing one of the more significant savings for those considering a move to Dexter. Groceries, another essential expense, also show a favorable trend, with an index of 90, representing a 10% saving compared to the national average.
Utilities in Dexter are slightly below the national average, with an index of 95, which means residents pay 5% less. Transportation costs align with the national average at 95, indicating that commuting and fuel costs are comparable to the rest of the country. Healthcare costs in Dexter match the national average at 100, ensuring residents have access to similar healthcare services without higher expenses. Miscellaneous costs, which include items like entertainment and personal care, stand at 92, representing an 8% reduction compared to the average. Overall, Dexter offers a cost of living that is beneficial for many expenses, making it an attractive option for those looking to manage their budget effectively.
