Ludington, MI, offers a lower cost of living compared to the nationwide average. The overall cost of living index in Ludington stands at 89, which is 11% below the national average of 100. This makes Ludington an attractive option for those seeking more affordable living expenses.
Specifically, housing costs are 22% lower than the national average, while groceries, utilities, transportation, healthcare, and miscellaneous expenses are all within 7% of the average. This balanced distribution across categories provides a comprehensive view of the cost savings available in Ludington.
Ludington, Michigan, offers a relatively affordable cost of living compared to the nationwide average. The cost of living index in Ludington stands at 88, which is 12% lower than the national average of 100. This lower index suggests that residents can expect to pay less for their daily expenses. Housing costs in Ludington are particularly favorable, with a cost of living index of 78, which is 22% below the national average. This makes housing one of the most affordable aspects of living in Ludington.
In addition to housing, other expenses in Ludington also tend to be lower than the national average. For example, groceries have a cost of living index of 92, which is 8% below the national average. Utilities are slightly above average, with an index of 97, but still only 3% higher than the national average. Transportation costs are also relatively low, with an index of 86, which is 14% below the average. Healthcare costs in Ludington are close to the national average, with an index of 93, which is just 7% below the national average. Miscellaneous expenses have an index of 89, which is 11% below the national average. Overall, Ludington provides a cost-effective living environment for those seeking a more affordable lifestyle.
