Fraser, MI, presents a cost of living index that is generally lower than the nationwide average of 100. The overall cost of living in Fraser, MI, stands at 97, indicating a 3% savings for residents compared to the national average. This moderate cost differential makes Fraser an attractive location for individuals and families seeking more affordable living options without compromising too much on quality of life.
Fraser, MI, presents an attractive option for job seekers considering the cost of living. The cost of living index in Fraser stands at 96, which is 4% below the nationwide average of 100. This lower cost can provide a significant financial advantage, especially when it comes to housing and miscellaneous expenses. Fraser's housing index of 95 is 5% below the national average, and the miscellaneous index of 97 is 3% below. This combination can make a notable difference in monthly budgets for many families and individuals.
Despite some areas where Fraser is slightly more affordable, certain costs are close to or slightly above the national average. Utilities in Fraser are priced at 104, which is 4% higher than the national index. While transportation costs are at 92, 8% below the nationwide average, it is worth noting that healthcare costs are at par with the national average, standing at 100. This balanced cost distribution ensures that while some areas might present a slight challenge, overall affordability remains competitive, making Fraser a potentially cost-effective place to live for job seekers.
