The cost of living index in Tawas City, MI, is notably lower than the nationwide average of 100. Specifically, the overall cost of living in Tawas City stands at 88, reflecting a 12% reduction compared to the national average. This lower cost is particularly evident in housing, which is 20% below the national average, and transportation, which is 15% lower. These figures make Tawas City an attractive option for job seekers looking to minimize 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 80, indicating that residents can expect to pay 20% less than the national average. This reduction in housing expenses can be a significant advantage for those looking to settle in the area.
Additionally, the grocery index in Tawas City is 90, which means that grocery prices are only 10% higher than the national average. Utilities, another essential expense, are priced at 95, reflecting a 5% increase. Transportation costs are at 85, suggesting a 15% savings compared to the national average. Healthcare costs, which are often a major concern, are at 88, indicating an 12% savings. Miscellaneous expenses, which include items like clothing and entertainment, are at 90, showing a 10% increase. Overall, Tawas City offers a cost of living that is slightly below the national average, making it an attractive option for those seeking affordability.