The cost of living index in Wayne, MI, compared to the nationwide average, shows a mixed picture. Housing costs 15% less than the national average, while groceries are only 5% below the average. Utilities and transportation are slightly below the average at 10% and 8%, respectively. However, healthcare costs are 2% higher than the national average, and miscellaneous expenses are 11% lower. Overall, the cost of living in Wayne, MI, is 9% below the nationwide average.
The cost of living in Wayne, MI, presents a mix of affordability and higher expenses when compared to the nationwide average. Housing costs in Wayne stand at 85, which is 15% lower than the national average. This makes housing one of the more affordable aspects of living in Wayne. For job seekers, this could mean more disposable income for other necessities or savings.
Other areas, such as groceries and utilities, are slightly above the national average. Groceries in Wayne have a cost of living index of 95, which is 5% higher than the nationwide average. The cost of utilities is at 90, which is 10% higher. Transportation costs are also relatively close to the national average, with an index of 92, indicating a 2% increase. Healthcare costs are notably higher, with an index of 98, showing an 8% increase. Miscellaneous expenses, such as entertainment and personal care, are at 89, which is 11% lower than the average. This varied cost of living can influence the financial planning of those considering a move to Wayne.
