Harper Woods, MI, offers a cost of living slightly below the nationwide average. The overall cost of living index for Harper Woods stands at 96, which is 4% lower than the national average of 100. This slight decrease is primarily due to the housing and transportation costs, which are 5% and 8% lower, respectively.
Despite these savings, other categories like groceries, utilities, healthcare, and miscellaneous expenses remain close to the national average, with variations of only 2% or less. This balanced distribution makes Harper Woods an attractive option for those seeking a more affordable lifestyle without significant trade-offs in quality of life.
Harper Woods, MI, presents a cost of living that is slightly below the nationwide average. The housing index stands at 95, indicating that housing costs in Harper Woods are 5% lower than the national average. This makes it a more affordable option for those looking to settle in this area. Additionally, groceries cost 98% of the national average, which is very close to the nationwide average, suggesting minimal difference in grocery expenses.
Transportation costs in Harper Woods are 8% lower than the national average, with an index of 92. This can be a significant saving for residents who rely on personal vehicles. Healthcare costs are slightly above the average at 99%, which means they are nearly on par with the national average. Miscellaneous expenses, including entertainment and personal care, are also close to the average, with an index of 97%. Overall, Harper Woods offers a cost of living that is competitive and slightly more affordable in several key areas compared to the national average.