The cost of living in Stevensville, MI, is notably lower than the nationwide average, which is set at 100. Specifically, the overall cost of living index for Stevensville stands at 89, reflecting a 11% decrease from the national average. This reduction is primarily driven by the housing index, which is 25% below the national average. Other categories like groceries, utilities, and miscellaneous expenses also show a slight decrease, while healthcare and transportation costs remain close to the national average.
The cost of living index in Stevensville, MI, shows a varied picture when compared to the nationwide average, which is set at 100. Housing costs in Stevensville stand at 75, indicating that residents spend 25% less on housing compared to the national average. This lower housing cost can be a significant advantage for those looking to relocate or start a new job in the area.
Other expenses also reflect a mix of affordability and higher costs. Groceries in Stevensville are priced at 92, which is 2% below the national average. Utilities, however, are slightly higher at 95, meaning residents pay 5% more than the average American. Transportation costs are at 85, showing a 15% reduction compared to the national average. Healthcare costs are slightly above average at 98, indicating a 2% higher expense. Miscellaneous expenses are at 90, which is 10% lower than the national average. Overall, Stevensville offers a balanced cost of living with some areas being more affordable and others slightly higher.
