The cost of living index in Romeo, MI, shows a generally lower cost compared to the nationwide average, which is set at 100. Housing costs 12% less, while groceries are only 5% less expensive. Utilities and transportation are slightly below the average, at 10% and 8% less, respectively. Healthcare costs are 2% higher, and miscellaneous expenses are 15% lower. Overall, Romeo offers a more affordable living environment in most areas.
The cost of living in Romeo, Michigan, presents a favorable comparison to the nationwide average, which is set at 100. Housing costs in Romeo stand at 88, indicating that residents can expect to pay 12% less than the national average. This reduction in housing expenses can be a significant advantage for those looking to settle in Romeo, offering more savings for other necessities or discretionary spending.
In other areas, Romeo also shows competitive costs. Groceries cost 95, which is 5% below the national average. Utilities are priced at 90, meaning residents pay 10% less for these services. Transportation costs are slightly above average at 92, indicating a minimal increase of 2%. Healthcare costs are notably higher in Romeo, with an index of 98, reflecting a 2% increase over the national average. Miscellaneous expenses are at 85, showing a 15% reduction compared to the national average. Overall, Romeo offers a cost of living that is generally lower than the national average, making it an attractive option for many job seekers.
