Menominee, MI, offers a cost of living that is notably lower than the nationwide average. The overall cost of living index in Menominee stands at 89, which is 11% below the national average of 100. This lower cost of living makes Menominee an attractive option for those looking to reduce their expenses without compromising on quality of life.
Specifically, housing costs in Menominee are 22% below the national average, making it one of the most affordable categories. Groceries, utilities, and healthcare also show modest savings, while transportation and miscellaneous costs remain close to the average. This balanced approach ensures that residents can enjoy a comfortable lifestyle at a reduced financial burden.
Menominee, MI, offers a cost of living that is notably lower than the nationwide average. The housing index in Menominee stands at 78, which is 22% below the national average of 100. This means that housing costs in Menominee are significantly more affordable, making it an attractive option for those looking to save on their living expenses. Additionally, the groceries index is 93, which is 7% below the average, indicating that food costs are also relatively lower in Menominee.
Other areas such as utilities and healthcare also show favorable comparisons. The utilities index is at 95, which is 5% below the national average, suggesting that residents can expect to spend slightly less on their utility bills. The healthcare index is 86, which is 14% lower than the average, offering another area where costs are more manageable. Overall, Menominee provides a cost of living that is beneficial for those seeking to reduce their expenses without sacrificing quality of life.
