Holly, MI, has a cost of living index that is slightly below the nationwide average. The overall index stands at 96, which is 4% lower than the national average of 100. This means that, on average, residents in Holly, MI, spend less on most living expenses compared to the average American.
Specifically, Holly's housing costs are 5% below the national average, while groceries and miscellaneous expenses are only slightly below the average. Utilities and transportation costs are slightly higher, but healthcare costs match the national average. This balanced cost of living makes Holly a potentially attractive option for those seeking a more affordable lifestyle.
Holly, MI, presents a cost of living that is slightly below the nationwide average. The housing index in Holly stands at 95, which is 5% lower than the average cost of living index of 100. This means that housing expenses in Holly are more affordable compared to the national average. Similarly, groceries in Holly are priced at 98, which is 2% below the average. This slight decrease makes everyday food purchases more economical.
Transportation costs in Holly are 8% below the national average, with an index of 92. This indicates that commuting and other transportation-related expenses are more budget-friendly in Holly. Utilities, however, are slightly higher, with an index of 102, which is 2% above the average. Healthcare costs in Holly match the national average at 100, offering no significant advantage or disadvantage. Miscellaneous expenses, with an index of 97, are 3% lower than the average, adding to the overall affordability of living in Holly.
