The cost of living index in Escanaba, MI, is lower than the nationwide average by 12%. This reduction includes housing, groceries, utilities, transportation, healthcare, and miscellaneous expenses. Housing and transportation show the greatest savings, each approximately 20% below the national average.
Escanaba, MI, presents a cost of living index that varies across different categories when compared to the nationwide average of 100. Housing costs in Escanaba are significantly lower, standing at 80. This means that housing expenses are 20% below the national average, making it a more affordable option for those looking to save on living costs.
In other areas, Escanaba still maintains close to the national average. Groceries cost 90, slightly above the average but not drastically so. Utilities are priced at 95, which is 5% higher than the national average. Transportation costs are at 85, indicating 15% lower expenses compared to the nationwide average. Healthcare prices remain aligned with the national average at 100. Miscellaneous costs, which include things like entertainment and personal care, are at 88, suggesting an 12% reduction compared to the national average. This varied index provides a balanced view of living expenses in Escanaba, offering potential savings in several key areas.