The cost of living index in Walker, MI, shows it is generally lower than the nationwide average, which is 100. Housing costs about 15% less, while groceries are around 10% less expensive. Utilities are 5% less, transportation costs are nearly equal, healthcare prices are the same, and miscellaneous items are 8% less costly.
Walker, MI, offers a more affordable lifestyle in several areas. The lower housing and grocery prices make living in Walker, MI, more budget-friendly. People looking for a better quality of life at a lower cost may find this appealing.
The cost of living index in Walker, MI, shows a generally favorable comparison to the nationwide average. Housing, a significant part of living expenses, is 15% below the national average. This means that rent or mortgage payments in Walker are cheaper, potentially saving residents some money. Groceries also show a modest decrease, with the index at 90, which is 10% lower. This reduction can be a relief for families when shopping for food.
Utilities in Walker, however, are slightly above the average, with an index of 95, which is 5% higher. This suggests that costs for electricity, gas, water, and other utilities are a bit more than the national average. Transportation costs are very close to the national average, with an index of 97, just 3% above the nationwide figure. Healthcare costs in Walker match the national average with an index of 100, meaning residents pay the same as the rest of the country. Miscellaneous costs are also slightly below average, at 92, showing an 8% decrease. This can include things like entertainment, personal care, and other small expenses. Overall, Walker offers a cost of living that is often below the national average, providing potential savings in key areas.
