Holly, MI, shows a cost of living slightly below the nationwide average, which is indexed at 100. The housing index stands at 85, indicating living costs are 15% less than the average. Groceries and utilities are close to the average, with indexes of 98 and 95, respectively, meaning minor savings are possible in these areas.
Transportation costs are also nearly on par, with an index of 97, saving around 3% compared to the national average. Healthcare and miscellaneous costs are slightly lower, at 92 and 89, offering respective savings of 8% and 11%. These indices suggest Holly, MI, provides a cost-effective living environment for those considering relocation.
Holly, MI, has a cost of living index that reflects lower expenses in several key areas compared to the nationwide average. For instance, housing costs in Holly are notably lower, with an index of 85. This means housing expenses in Holly are 15% less than the national average. Similarly, the cost for utilities stands at 95, indicating a modest 5% reduction from the nationwide average.
When considering groceries, Holly has an index of 98, just 2% below the national average. Transportation costs also align closely with the national average, with an index of 97, representing a 3% difference. Healthcare costs in Holly, at an index of 92, are 8% lower than the national average, which can be a significant saving for residents. Finally, miscellaneous expenses in Holly have an index of 89, showing a 11% reduction from the national average. Overall, Holly offers a more affordable living experience in several key areas.
