The cost of living index for Trenton, MI, shows that residents typically spend less on most essentials. The overall index stands at 90, which is 10% below the nationwide average of 100. Housing costs are 15% lower, while groceries, utilities, transportation, healthcare, and miscellaneous expenses are all within 10% of the national average. This data indicates that Trenton, MI, offers a more affordable living experience compared to the national average.
The cost of living in Trenton, Michigan, is notably lower than the nationwide average, which is set at 100. Specifically, the housing index stands at 85, indicating that housing expenses are 15% less than the national average. This makes Trenton an attractive option for those seeking more affordable living arrangements.
Additionally, the grocery index is 90, which means that groceries are 10% cheaper compared to the average U.S. city. Utilities, at an index of 95, show a slight increase of 5% but still remain relatively affordable. Transportation costs in Trenton are at 92, which is 8% below the national average, suggesting that commuting and personal transportation are more budget-friendly here. Healthcare services, indexed at 88, reflect an affordability that is 12% better than the national average. Finally, miscellaneous costs at 89 indicate they are 11% cheaper than the national average. Overall, Trenton provides several areas of cost savings for residents.
