Wayland, MI, has a cost of living index that is slightly below the nationwide average. The overall cost of living index for Wayland stands at 89, which is 11% lower than the national average of 100. This means that residents in Wayland can expect to spend less on most essential expenses compared to the average American.
Specifically, Wayland's housing index is 85, groceries are 90, utilities are 95, transportation is 92, healthcare is 88, and miscellaneous costs are 87. These figures indicate that while some categories are close to the average, others, like housing, are notably lower. This makes Wayland an attractive option for those looking to reduce their living expenses.
Wayland, MI, presents a cost of living that is notably lower than the nationwide average. The housing index in Wayland stands at 85, which is 15% below the national average of 100. This suggests that housing costs in Wayland are more affordable, making it an attractive option for those looking to save on their living expenses. Additionally, the groceries index is at 90, indicating that food costs are only 10% below the average, which is still a favorable figure for budget-conscious individuals.
Transportation costs in Wayland are slightly below the national average, with an index of 92, which is 8% lower. This means that commuting and other transportation-related expenses are more manageable compared to the national average. The healthcare index is 88, which is 12% below the average, suggesting that healthcare costs are also more affordable in Wayland. Lastly, the miscellaneous index of 87 shows that other living expenses are 13% below the national average, further contributing to the overall lower cost of living in Wayland, MI.
