Mount Clemens, MI, boasts a cost of living index that offers appealing advantages. The overall index stands at 91, which is 9% below the nationwide average of 100. This makes housing, groceries, utilities, transportation, healthcare, and miscellaneous expenses more affordable in Mount Clemens compared to the national average.
Job seekers will find this beneficial when planning their budgets. Lower costs in key areas can mean more disposable income, enhancing overall quality of life.
The cost of living index in Mount Clemens, Michigan, shows a varied picture when compared to the nationwide average of 100. Housing costs in Mount Clemens stand at 85, indicating that residents spend 15% less on housing than the national average. This lower housing cost can make living in Mount Clemens more affordable, providing a potential benefit for those looking to save on their monthly expenses.
Other cost factors in Mount Clemens also compare closely to the national average. For groceries, the index is 90, meaning that prices are 10% lower than the nationwide average. Utilities are slightly higher at 95, so costs are 5% lower. Transportation costs are at 92, which is 8% below the national average, making daily commutes more economical. Healthcare costs are at 97, reflecting only a 3% increase over the national average. Lastly, miscellaneous costs are at 88, showing a 12% reduction compared to the average. Overall, these figures suggest that Mount Clemens offers a cost of living that is quite competitive, providing savings in several key areas.
