Swartz Creek 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.
IndexSwartz CreekMichiganNational
Cost of living index9089100
IndexSwartz CreekMichiganNational
Goods & Services index10495100
Groceries index9388100
Health care index9394100
Housing index6374100
Transportation index114106100
Utilities index9499100
Displayed above is a general overview of the Swartz Creek, MI cost of living index. The overall cost of living index in Swartz Creek, MI is 90, which is 1% higher than the Michigan average and 10% lower than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in Swartz Creek, MI are 9% higher than the Michigan average and 4% higher than the national average.
How would you rate the cost of living in Swartz Creek?
Write a review to give others more information about this area.
Is the cost of living increasing or decreasing in Swartz Creek?
Write a review to give others more information about this area.

Did you know?

  • The cost of living in Swartz Creek is 1% higher than the Michigan average.
  • The cost of living in Swartz Creek is 10% lower than the national average.
  • The cost of housing in Swartz Creek is 37% 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.

Compare Swartz Creek, MI Cost of living To Other Cities

      vs

      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      The salary calculator is meant to help you compare your salary in Swartz Creek, MI to your potential earning power in another city. This can help you deduce what your salary would need to be in any given city in order for you to live the same lifestyle that you do in your current city. In other words, if you plan on moving to a city where the cost of living is higher than in Swartz Creek, MI, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Swartz Creek, MI salary calculator, simply input the new city, then move the adjustable slider to match your current income. Once you've selected your income, the calculator will determine if that income is sufficient to support your standard of living in the new city you entered. The calculator will also supply you with a rundown of living costs in the new city.

      Median Income & Debt-To-Income Ratio

      Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      Owners$52,802$4,400$1,232$1,584
      Renters$27,036$2,253$631$811
      A good way to judge both the affordability of the housing and the cost of living is by simply calculating the maximum that a person should spend on housing in Swartz Creek, MI, otherwise known as the debt-to-income ratio (DTI). The safest way to live in the city is to avoid spending more than 28 percent of the gross income that one earns on costs that pertain to housing and no more than 36 percent on all expenses and debts. Swartz Creek, MI has a median income of about $52,802 for people who own homes. Based on that number, a person should spend a maximum of $1,232 on expenses related to housing. Renters have a slightly different median income, which is $27,036. Based on this average, renters should spend no more than $631 on all of their rental costs if they want to maintain a non-impoverished standard of living.

      Michigan Sales Tax

      StateGeneral Sales TaxWith Max Surtax
      Michigan6%6%

      Michigan Income Tax

      StateIncome Tax (Low)Income Tax (High)
      Michigan4.25%4.25%
      The Michigan sales tax and Michigan income tax rates should definitely be considered when determining the overall cost of living in Swartz Creek, MI. Sales taxes are taxes that are imposed onto goods and services sold. Sales taxes do vary by state and can range from no tax at all to upwards of 7%. The Michigan sales tax is 6% and the maximum surtax is 6%. Income tax is the tax imposed on income by the government. The income tax rates will vary by state and will also increase or decrease depending on the corresponding tax bracket. State income tax rates can range from anywhere from no tax at all to more than 9%. The Michigan income tax rates range from 4.25% to 4.25%.

      Goods & Services

      ItemSwartz CreekNational avg.Difference
      Haircut $17.38$17.490.6%
      Beauty Salon $52.83$38.1738.4%
      Toothpaste $1.97$2.3215.1%
      Shampoo $0.94$1.017.1%
      Movie $11.09$10.723.4%
      Bowling $19.60$13.8641.4%

      Groceries

      ItemSwartz CreekNational avg.Difference
      Ground Beef $3.92$3.900.5%
      Fried Chicken $1.12$1.4019.8%
      Milk $1.27$1.9635.3%
      Potatoes $3.10$3.182.6%
      Pizza $10.49$10.390.9%
      Beer $8.15$9.2311.7%

      Health Care

      ItemSwartz CreekNational avg.Difference
      Optometrist $83.25$106.3421.7%
      Doctor $100.00$115.2513.2%
      Dentist $93.78$98.384.7%
      Ibuprofen $8.31$9.2610.3%
      Lipitor $488.12$466.474.6%

      Housing

      ItemSwartz CreekNational avg.Difference
      Home Price $108,200.00$184,700.0041.4%
      Avg. Mortgage Payment $1,257.59$1,273.321.2%
      Apartment Rent $704.00$949.0025.8%

      Transportation

      ItemSwartz CreekNational avg.Difference
      Gasoline $2.90$2.5911.9%
      Tire Balancing $59.77$48.9022.2%

      Utilities

      ItemSwartz CreekNational avg.Difference
      All Electricity$152.80$167.608.8%
      Phone $175.97$163.427.7%
      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.
      Flint, MI98,91881-19%
      Beecher, MI9,97581-19%
      Mount Morris, MI2,97982-18%
      Otisville, MI1,00684-16%
      Durand, MI3,34684-16%
      Swartz Creek, MI5,61790-10%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Coraopolis, PA5,61788-12%
      Pevely, MO5,61688-12%
      Hidden Valley Lake, CA5,61812020%
      Atlanta, TX5,61580-20%
      South Apopka, FL5,61386-14%
      Swartz Creek, MI5,61790-10%
      Source: The Swartz Creek, MI cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.