The cost of living index in Tawas City, MI, is notably lower than the nationwide average, which is set at 100. Tawas City's overall cost of living stands at 89, reflecting a 11% reduction compared to the national average. This lower cost of living makes Tawas City an attractive option for those seeking more affordable living expenses.
The cost of living in Tawas City, Michigan, presents a favorable comparison to the nationwide average, which is set at 100. Housing costs in Tawas City stand at 85, indicating that residents spend 15% less on housing compared to the national average. This lower housing index can be a significant advantage for those looking to relocate or start a new job in the area.
Additionally, the grocery index in Tawas City is 90, which means that groceries cost 10% less than the national average. This reduction in grocery expenses can help individuals and families manage their budgets more effectively. Utilities in Tawas City are priced at 95, slightly above the national average, but still only 5% more expensive. Transportation costs are at 92, which is 8% less than the national average, making it easier for residents to commute without a significant financial burden. Healthcare costs in Tawas City are 88, which is 12% below the national average, offering potential savings for those seeking medical services. Lastly, miscellaneous expenses are at 87, meaning they are 13% less than the national average. Overall, Tawas City provides a cost-effective living environment with several categories below the national average.