Holly, MI, boasts a cost of living index that is slightly below the nationwide average. The overall cost of living index in Holly is 93, reflecting an 7% decrease from the national average of 100. This suggests that residents in Holly can expect to spend less on their living expenses compared to the average American. Each category further highlights Holly's affordability. Housing costs are 10% lower, groceries are 5% lower, utilities are 3% lower, transportation is 8% lower, healthcare costs are 2% lower, and miscellaneous expenses are 9% lower. This combination of lower costs makes Holly an attractive option for those looking to manage their living expenses effectively.
Holly, MI, offers a cost of living that is notably below the nationwide average. On average, the cost of living index in Holly is 93. This is 7% lower than the national average, where the index is set at 100. The lower index in Holly indicates that residents generally spend less on essential expenses when compared to other areas across the country.
When looking at specific categories, Holly's cost of living shows some variation. Housing in Holly is priced at 90 on the index, which is 10% lower than the average. Groceries cost slightly less, at 95, making them 5% below the national average. Utilities are at 97, which is 3% lower. Transportation stands at 92, which is 8% less than the average. Healthcare costs are slightly higher in Holly, at 98, just 2% below the national average. Miscellaneous expenses are at 91, which is 9% lower. These figures highlight Holly's affordability in most areas while offering competitive prices in healthcare.
