Manistee, Michigan, offers a notably lower cost of living compared to the nationwide average. With an overall cost of living index of approximately 91, residents benefit from cheaper housing costs. Housing in Manistee stands at 85, while groceries, utilities, transportation, healthcare, and miscellaneous expenses hover around 95, 90, 92, and 87, respectively.
This cost of living is 9% lower than the national average of 100, providing a potentially more affordable lifestyle. The lower housing costs, in particular, make it an attractive option for budget-conscious individuals and families.
The cost of living index in Manistee, Michigan, offers a clear picture of how expenses compare to the nationwide average. Housing costs in Manistee stand at 85 on the index, which means they are 15% lower than the national average. This makes housing one of the more affordable aspects of living in Manistee compared to the rest of the country.
Other living expenses also show favorable comparisons. For instance, groceries have an index of 95, indicating they are only 5% less expensive than the national average. Utilities, with an index of 90, suggest they are 10% cheaper. Transportation, at 95 on the index, shows it is nearly on par with the national average, with only a 5% difference. Healthcare, at 92, indicates it is 8% less costly. Miscellaneous expenses, with an index of 87, are 13% below the national average. Overall, these figures suggest that residents in Manistee can find several areas where their living costs are lower than the nationwide average.