Walker, MI, offers a cost of living that is slightly below the nationwide average. The overall cost of living index for Walker stands at 90, which is 10% lower than the national average of 100. This means residents in Walker can expect to pay less for most essentials compared to the average American.
For instance, housing costs in Walker are 13% below the national average, while groceries are only 5% below. Utilities and transportation also show a modest decrease, at 8% and 10% respectively. Healthcare costs are 12% lower, and miscellaneous expenses are 15% lower. This data suggests that Walker provides a more affordable living environment for those considering relocation.
The cost of living index in Walker, MI, shows a generally favorable comparison to the nationwide average, which is set at 100. Housing costs in Walker stand at 87, indicating that residents can expect to pay about 13% less than the national average for housing. This lower cost can be a significant advantage for those looking to settle in Walker, as it provides more financial flexibility for other expenses.
In other areas, Walker also offers competitive prices. For groceries, the index is 95, meaning costs are only 5% higher than the national average. Utilities, at 92, are slightly below the average, offering a 8% saving. Transportation costs are at 90, which is 10% lower than the national average. Healthcare costs are slightly lower, with an index of 88, representing a 12% reduction. Miscellaneous expenses, at 85, are 15% below the average, providing additional savings. Overall, Walker presents a cost-effective living environment for many essential expenses.
