The cost of living in Wixom, MI, ranks favorably compared to the nationwide average. The graph indicates that the overall cost of living index for Wixom is 92, which is 2% below the national average of 100. This suggests that residents of Wixom can expect to spend slightly less on most goods and services compared to the average American.
Specifically, the housing index in Wixom stands at 90, which is 10% lower than the nationwide average. Groceries and miscellaneous costs also reflect a modest discount, with indices of 95 and 92, respectively. However, residents should be mindful of transportation costs, which are 15% lower at 85, and healthcare costs, which are slightly above average at 97.
The cost of living in Wixom, Michigan, is generally lower than the nationwide average, which is set at 100. Housing costs in Wixom are about 10% less than the national average, with an index of 90. This means job seekers can often find more affordable housing options. Additionally, grocery costs stand at 95, indicating that food expenses are slightly below the average.
Utilities in Wixom match the national average at 100, suggesting no significant cost variation in this area. Transportation costs are 15% lower, with an index of 85, offering potential savings for those with commuting needs. Healthcare costs are near the average, at 97, providing relatively accessible medical services. Miscellaneous expenses are 8% below the average, indexed at 92, allowing for some cost-saving opportunities in everyday spending. Overall, Wixom presents a favorable cost of living for those looking to balance affordability with quality of life.