Imlay City, MI, offers a cost of living that is generally lower than the nationwide average. The cost of living index for Imlay City stands at 91, which is 9% below the national average of 100. This lower index makes housing, groceries, utilities, transportation, healthcare, and miscellaneous expenses more affordable compared to the national average.
For job seekers, this means that their income can stretch further in Imlay City. Lower housing costs, for example, can allow for a more comfortable living situation. Groceries and utilities also cost less, making day-to-day expenses more manageable. Overall, Imlay City provides a more budget-friendly environment for living.
Imlay City, MI, offers a cost of living that is notably lower than the nationwide average. The cost of living index for Imlay City stands at 90, which is 10% below the national average of 100. This lower cost is largely due to the housing index, which is 15% below the national average at 85. Job seekers and families considering a move to Imlay City can expect to find more affordable housing options, which can significantly reduce overall living expenses.
In addition to housing, other categories such as groceries, utilities, transportation, healthcare, and miscellaneous expenses also contribute to the lower cost of living in Imlay City. Groceries cost 8% less, utilities are 3% less, and transportation expenses are 10% less than the national average. Healthcare costs are slightly lower at 5%, and miscellaneous expenses are 9% below the national average. These savings across various categories make Imlay City an attractive option for those looking to manage their expenses more effectively.
