The cost of living index in Three Rivers, MI, stands at 88, which is 8% lower than the nationwide average of 100. This lower index suggests that residents may find expenses for housing, utilities, and transportation more affordable. Groceries and healthcare costs are slightly above the national average, making them marginally more expensive.
The cost of living in Three Rivers, MI, presents a favorable comparison to the nationwide average, which is set at 100. Housing costs in Three Rivers stand at 85, which is 15% lower than the national average. This suggests that residents can find more affordable housing options, making it easier to manage living expenses.
Additionally, the grocery index in Three Rivers is 95, which is 5% lower than the national average. This indicates that purchasing food and household items is slightly cheaper compared to the rest of the country. Utilities in Three Rivers are at 90, which is 10% below the national average, offering another area where residents can save money. Overall, these factors contribute to a cost of living that is more affordable for those considering relocating to or working in Three Rivers.