The cost of living index in Eastpointe, MI, shows a generally lower cost compared to the nationwide average, which is set at 100. Housing, groceries, transportation, healthcare, and miscellaneous expenses are all below the national average, with housing at 96, groceries at 98, transportation at 92, healthcare at 90, and miscellaneous at 94. Utilities stand slightly higher at 105.
This data suggests that Eastpointe offers a more affordable living experience in several key areas, making it an attractive option for budget-conscious job seekers.
The cost of living index in Eastpointe, Michigan, shows a mixed picture when compared to the nationwide average, which is set at 100. Housing costs are slightly below the national average, with an index of 96. This indicates that residents of Eastpointe can expect to pay about 4% less for housing than the average American. This lower housing cost can be a significant advantage for those looking to settle in Eastpointe.
Other areas, such as groceries and utilities, are also close to the national average. Groceries have an index of 98, meaning they are just 2% cheaper than the national average. Utilities, however, are slightly higher, with an index of 105, indicating a 5% increase in cost compared to the nationwide average. Transportation costs are notably lower, with an index of 92, suggesting an 8% savings for residents. Healthcare costs are also lower, with an index of 90, which means residents can save about 10% on healthcare expenses. Miscellaneous costs, with an index of 94, are 6% below the national average. Overall, Eastpointe offers a cost of living that is competitive with, and in some cases lower than, the national average.