The cost of living index in Walled Lake, MI, shows a generally lower cost compared to the nationwide average, which is 100. Housing costs 12% less, while groceries are only 5% less expensive. Utilities and transportation are slightly below the average at 10% and 8% respectively, but healthcare costs match the national average. Miscellaneous expenses are 15% lower, making Walled Lake a more affordable place to live overall.
The cost of living index in Walled Lake, MI, shows a mixed picture when compared to the nationwide average. Housing costs in Walled Lake stand at 88, which is 12% lower than the national average. This suggests that residents may find housing more affordable compared to the rest of the country. Groceries, another significant expense, are priced at 95 in Walled Lake, only 5% below the national average of 100. This indicates that grocery prices are quite similar to the nationwide average.
Utilities in Walled Lake are at 90, which is 10% below the average. This means that residents can expect to pay less for utilities than the national average. Transportation costs are slightly lower, at 92, which is 8% below the average. Healthcare costs in Walled Lake match the national average, standing at 100. However, miscellaneous expenses are 15% lower, at 85. Overall, Walled Lake offers some areas where costs are lower than the national average, making it an attractive option for budget-conscious individuals.
