Hastings, MI, presents a cost of living that is notably lower than the nationwide average. The overall cost of living index for Hastings stands at 84, which is 16% below the national benchmark of 100. This lower index reflects affordability in various sectors, including housing, groceries, and utilities, making it an attractive option for budget-conscious individuals.
Hastings, MI, presents a cost of living that is notably lower than the nationwide average, which is set at 100. Housing costs in Hastings stand at 75, indicating that residents can expect to pay 25% less than the national average. This lower housing index makes it an attractive option for those looking to save on housing expenses without sacrificing quality of life.
In addition to housing, other living expenses in Hastings also compare favorably to the national average. For instance, groceries cost 85, which is 15% below the average. Utilities are at 90, only 10% above the national average, while transportation costs are at 80, 20% lower than average. Healthcare costs are slightly higher at 95, but still only 5% above the national average. Miscellaneous expenses are at 88, which is 12% less than the average. Overall, Hastings offers a cost of living that is competitive and favorable for those seeking to manage their expenses effectively.
