Holly, MI, has a cost of living index that is generally lower than the nationwide average. The overall cost of living index for Holly stands at 88, which is 12% below the average cost of living index of 100. This suggests that residents in Holly can expect to spend less on most goods and services compared to the national average.
Specifically, Holly's housing index at 80 is 20% lower, while groceries and utilities are slightly above average at 90 and 95, respectively. Transportation and miscellaneous costs are also below average, making Holly a potentially more affordable place to live.
Holly, MI, presents a cost of living index that is notably lower than the nationwide average, which is set at 100. Specifically, the housing index in Holly stands at 80, indicating that housing costs are 20% lower than the national average. This makes Holly an attractive option for those seeking more affordable living arrangements without sacrificing quality of life.
In addition to housing, other cost categories in Holly also reflect lower expenses. For instance, groceries cost 90% of the national average, while utilities are at 95%. Transportation costs are slightly lower, with an index of 85. These figures suggest that residents of Holly can enjoy a more budget-friendly lifestyle in several key areas. Healthcare costs, however, remain on par with the national average at 100, ensuring that essential medical services are accessible without significant financial strain.
