Ludington, MI, offers a lower cost of living compared to the nationwide average. The cost of living index in Ludington stands at 88, which is 12% below the national average of 100. This makes Ludington an attractive option for those seeking more affordable living expenses.
Housing costs in Ludington are notably lower, with an index of 80, while groceries and utilities remain close to the national average at 95 and 90, respectively. This balanced distribution across various categories makes Ludington a practical choice for budget-conscious individuals.
The cost of living in Ludington, Michigan, presents a favorable comparison to the nationwide average, which is set at 100. Housing costs in Ludington stand at 80, which is 20% lower than the national average. This makes it an attractive option for those looking to save on housing expenses. Additionally, the grocery index is slightly below the average, at 95, indicating that food costs are only 5% less than what one might find elsewhere in the country.
Utilities in Ludington are priced at 90, which is 10% below the national average. This suggests that residents can expect to spend less on essential services like electricity and water. Transportation costs are also 15% lower, with an index of 85, making it more affordable to get around the city. Healthcare costs are close to the national average at 92, which means medical expenses are nearly on par with the rest of the country. Miscellaneous costs, including entertainment and personal care, are at 88, which is 12% below the national average. Overall, Ludington offers a cost of living that is competitive and often more affordable than the national average.
