Imlay City, MI, has a lower cost of living compared to the nationwide average. The overall cost of living index in Imlay City stands at 89, which is 11% below the national average of 100. This lower cost of living makes it an attractive option for job seekers looking to maximize their purchasing power.
Housing costs in Imlay City are notably lower, with an index of 75, representing a 25% decrease from the national average. Other categories like groceries, utilities, transportation, healthcare, and miscellaneous expenses also show a slight decrease, but they remain close to the national average. This balanced reduction in costs provides a favorable environment for those seeking a more affordable lifestyle.
Imlay City, MI, offers a cost of living that is notably lower than the nationwide average. The housing index stands at 75, which is 25% below the average of 100. This means that housing in Imlay City is significantly more affordable than the national average. Job seekers looking to save on housing costs may find Imlay City an attractive option.
In addition to the lower housing costs, other expenses in Imlay City also compare favorably to the national average. For example, groceries cost 95% of the national average, utilities are at 90%, and transportation costs 88%. Healthcare costs are slightly above average at 95%, but the overall cost of living remains lower than the national average. Miscellaneous expenses are at 92%, which is also slightly below the average. These figures suggest that living in Imlay City can be more budget-friendly for many people.
