Houghton, MI, has a lower cost of living compared to the nationwide average. The overall cost of living index in Houghton is 86, which is 14% less than the national average of 100. Housing costs in Houghton are notably lower, at 75, which is 25% below the average. However, groceries and utilities are slightly higher, at 90 and 95, respectively. This mix makes Houghton an attractive option for those seeking a more affordable lifestyle.
Houghton, Michigan, offers a cost of living that is notably lower than the nationwide average. The housing index in Houghton stands at 75, which is 25% below the national average of 100. This suggests that housing expenses in Houghton are significantly more affordable, making it an attractive option for those looking to save on their living costs.
In addition to housing, other areas such as groceries, utilities, transportation, and miscellaneous expenses also reflect a lower cost of living. Groceries in Houghton have an index of 90, which is 10% below the national average. Utilities are slightly above average at 95, but still represent a modest 5% increase. Transportation costs are at 85, which is 15% lower than the national average. Miscellaneous expenses, which include items like clothing and entertainment, are at 80, indicating a 20% reduction. Healthcare costs, however, remain consistent with the national average at 100. Overall, Houghton provides a cost-effective living environment for many essential expenses.
