Fraser, MI, offers a relatively affordable living experience compared to the nationwide average. The cost of living index in Fraser stands at 93, which is 3% below the national average of 100. This lower cost of living makes Fraser an attractive option for job seekers looking to maximize their budget.
Specifically, housing costs in Fraser are 10% below the average, while groceries and utilities are slightly below the national average. Transportation and healthcare costs are also marginally lower, and miscellaneous expenses are just 7% below the average. This balanced reduction across various sectors makes Fraser a cost-effective choice for those relocating.
Fraser, MI, presents a cost of living that is slightly below the nationwide average. The housing index in Fraser stands at 90, indicating that housing costs are 10% lower than the national average. This makes it a more affordable option for those looking to settle in Fraser, potentially freeing up more budget for other essentials.
In addition to housing, the grocery index in Fraser is 95, which is 5% lower than the national average. This suggests that residents can save a bit on their food expenses. Utilities in Fraser are priced at 97, just 3% below the national average, making them nearly on par with the rest of the country. The transportation index is 92, meaning costs are 8% lower, which can be a significant saving for those who rely on personal vehicles. Healthcare costs in Fraser are 98, only 2% below the average, indicating that medical expenses are almost the same as the national average. Lastly, miscellaneous costs are at 93, which is 7% lower, offering some savings in everyday expenses. Overall, Fraser provides a cost of living that is competitive and slightly more affordable than the national average.
