Spring Lake, MI, offers a cost of living that is slightly below the nationwide average. The overall cost of living index for Spring Lake stands at 90, which is 10% lower than the national average of 100. This lower cost of living makes it an attractive option for job seekers looking to maximize their budget. Housing costs in Spring Lake are 15% below the national average, while groceries and healthcare are only slightly below, at 5% and 5% respectively. Utilities, transportation, and miscellaneous expenses also remain close to the national average, providing a balanced living experience.
The cost of living in Spring Lake, MI, presents a favorable comparison to the nationwide average, which is set at 100. Housing costs in Spring Lake stand at 85, indicating a 15% reduction from the national average. This makes housing more affordable for residents and job seekers, offering a significant financial advantage.
Other essential expenses also reflect a lower cost of living in Spring Lake. Groceries cost 95, which is 5% below the national average. Utilities are at 90, a 10% decrease. Transportation costs are 88, which is 12% lower than the average. Healthcare costs are 95, matching the national average, while miscellaneous expenses are at 92, a slight 8% decrease. Overall, these figures show that living in Spring Lake can be more economical for many people.
