The cost of living index in Stevensville, MI, shows a mixed picture compared to the nationwide average of 100. Housing costs are notably lower, with an index of 85, meaning they are 15% less expensive than the national average. However, healthcare costs are slightly higher, with an index of 98, indicating a 2% increase.
Other categories, such as groceries, utilities, transportation, and miscellaneous expenses, are close to the average. Groceries stand at 95, utilities at 90, transportation at 92, and miscellaneous expenses at 88. This data suggests that Stevensville offers a balanced living environment with some areas being more affordable and others slightly more expensive.
The cost of living in Stevensville, MI, presents a favorable comparison to the nationwide average, which is set at 100. Housing costs in Stevensville stand at 85, indicating that residents spend 15% less on housing compared to the national average. This lower housing expense can make Stevensville an attractive option for those seeking more affordable living arrangements without sacrificing quality of life.
In other areas, Stevensville also shows competitive costs relative to the national average. Groceries cost 95, meaning they are 5% less expensive. Utilities are priced at 90, which is 10% below the national average. Transportation costs are slightly higher, at 92, but still represent a modest 8% increase. Healthcare costs are notably lower, with an index of 98, indicating a 2% savings. Miscellaneous expenses, at 88, show a 12% reduction compared to the national average. Overall, Stevensville offers a cost of living that is generally lower than the national average, making it a potentially attractive location for budget-conscious individuals.
