Paw Paw, MI, offers a cost of living that is notably lower than the nationwide average. The overall cost of living index for Paw Paw stands at 85, which is 15% below the average of 100. This makes it an attractive option for those seeking affordability without sacrificing quality of life. Housing costs, for instance, are 25% lower than the national average, while utilities are only 5% above. Groceries and transportation also remain close to the national average, providing a balanced living experience.
Paw Paw, Michigan, has a cost of living index that is notably lower than the nationwide average, which is set at 100. Specifically, the housing index in Paw Paw stands at 75, which means housing costs are 25% lower than the average. This makes it an attractive option for those looking to save on housing expenses. Additionally, the grocery index is 90, indicating that food costs are only 10% below the national average, making it relatively affordable to shop for daily necessities.
Transportation and utilities in Paw Paw also present good value compared to the national average. The transportation index is 88, meaning costs are 12% lower, while the utilities index is 95, showing costs are just 5% below the average. This combination suggests that residents can enjoy a lower overall cost of living without sacrificing much in terms of convenience. Healthcare costs, at an index of 85, are 15% lower than the national average, offering another area where residents can save. Overall, Paw Paw provides a cost-effective living environment for many essential expenses.