Edgemont Park cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexEdgemont ParkMichiganNational
Cost of living index8689100
IndexEdgemont ParkMichiganNational
Goods & Services index9394100
Groceries index8994100
Health care index94100100
Housing index6173100
Transportation index112101100
Utilities index10196100

Did you know?

  • The cost of living in Edgemont Park is 4% lower than the Michigan average.
  • The cost of living in Edgemont Park is 14% lower than the national average.
  • The cost of housing in Edgemont Park is 39% lower than the national average.
  • Michigan general sales tax is 18% higher than the national average.
  • Michigan state income tax is 91% higher than the national average.

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Compare Edgemont Park, MI Cost of living To Other Cities

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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$60,724$5,060$1,417$1,822
Renters$19,167$1,597$447$575

Michigan Sales Tax

StateGeneral Sales TaxWith Max Surtax
Michigan6%6%

Michigan Income Tax

StateIncome Tax (Low)Income Tax (High)
Michigan4.25%4.25%

Goods & Services

ItemEdgemont ParkNational avg.Difference
Haircut $18.91$15.5621.5%
Beauty Salon $28.31$36.1121.6%
Toothpaste $2.60$2.475.3%
Shampoo $0.79$0.9618.2%
Movie $9.53$10.135.9%
Bowling $3.79$4.7420.1%

Groceries

ItemEdgemont ParkNational avg.Difference
Ground Beef $3.53$3.9811.4%
Fried Chicken $1.20$1.4114.7%
Milk $1.92$2.066.9%
Potatoes $3.18$2.986.7%
Pizza $8.10$9.4714.5%
Beer $8.03$8.798.7%

Health Care

ItemEdgemont ParkNational avg.Difference
Optometrist $99.79$101.041.2%
Doctor $101.28$107.445.7%
Dentist $80.40$90.4211.1%
Ibuprofen $7.64$9.2817.7%
Lipitor $455.01$426.506.7%

Housing

ItemEdgemont ParkNational avg.Difference
Home Price $99,900.00$175,700.0043.1%
Avg. Mortgage Payment $939.34$1,133.2317.1%
Apartment Rent $659.00$920.0028.4%

Transportation

ItemEdgemont ParkNational avg.Difference
Gasoline $2.05$1.992.7%
Tire Balancing $60.11$45.7631.4%

Utilities

ItemEdgemont ParkNational avg.Difference
All Electricity$202.21$163.8123.4%
Phone $20.05$28.3929.4%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Potterville, MI2,62184-16%
Lansing, MI114,38284-16%
Eagle, MI14786-14%
Charlotte, MI9,05387-13%
Laingsburg, MI1,28387-13%
Edgemont Park, MI2,24286-14%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Marionville, MO2,24281-19%
Charlotte Park, FL2,24396-4%
Experiment, GA2,24186-14%
Pine Canyon, CA2,24312525%
Colstrip, MT2,24391-9%
Edgemont Park, MI2,24286-14%
Source: The Edgemont Park, MI cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.