Allegan, MI Cost Of Living
Cost Of Living In Allegan, MI Summary
Cost of living in Allegan research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Allegan is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Michigan, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Allegan is 80, with 100 being the average.
The cost of living index in Allegan is 0.8x lower than the national average.
Allegan ranks as the #15 cheapest in Michigan out of 175.
Allegan ranks as the #211 cheapest out of 6,412 in the US.
The median home value in Allegan is $137,900.
The median income in Allegan is $41,793.
Table Of Contents
Allegan's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Allegan, MI?
According to the most recent data on the cost of living, Allegan has an overall cost of living index of 80, which is 0.8x lower than the national index of 100.
Compared to Michigan, Allegan has a cost of living index that's 0.9x lower than Michigan's index of 92.
The standard of living in Allegan ranks as #15 most affordable out of the 175 places we measured in Michigan. By definition, that implies Allegan ranks as the #160 most expensive place in the Wolverine State.
For more reading on life in Allegan, check out:
- Living In Allegan
- Allegan Crime Report
- Search Homes For Sale In Allegan, MI
In Michigan
In America
Allegan Cost Of Living Vs. Michigan
Six factors go into calculating the cost of living index in Allegan. Here is how it fairs on each of the criteria:
The Services index in Allegan is 88.
The Groceries index in Allegan is 74.
The Health index in Allegan is 95.
The Housing index in Allegan is 58.
The Transportation index in Allegan is 96.
The Utilities index in Allegan is 100.
| Living Expense | Allegan | Michigan | National Average | |
|---|---|---|---|---|
| Overall | 80 | 92 | 100 | |
| Services | 88 | 96 | 100 | |
| Groceries | 74 | 96 | 100 | |
| Health | 95 | 94 | 100 | |
| Housing | 58 | 80 | 100 | |
| Transportation | 96 | 97 | 100 | |
| Utilities | 100 | 100 | 100 | |
Allegan, MI Housing Cost Breakdown
Housing swings affordability the most between places in Michigan, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Allegan is $137,900.
The Median Rent in Allegan is $879.
The Median Income in Allegan is $41,793.
The Home Value To Income in Allegan is 3.3x.
The Rent To Monthly Income in Allegan is 0.25x.
| Statistic | Allegan | Michigan | United States |
|---|---|---|---|
| Median Home Value | $137,900 | $172,100 | $244,900 |
| Median Rent | $879 | $946 | $1,163 |
| Median Income | $41,793 | $63,202 | $69,021 |
| Home Value To Income | 3.3x | 2.7x | 3.5x |
| Rent To Monthly Income | 0.25x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Allegan, MI Costs By Category
Detailed Allegan Services Costs Vs. Michigan
Detailed Allegan Groceries Costs Vs. Michigan
Detailed Allegan Health Costs Vs. Michigan
Detailed Allegan Transportation Costs Vs. Michigan
Detailed Allegan Utilities Costs Vs. Michigan
Allegan SnackAbility
/10
Cost Of Living In Cities Around Allegan
The cost of living varies in the cities and towns around Allegan. Here's a quick look at the cost of living in the most populous nearby places:
Portage, MI has a cost of living index of 87, 1.1x Allegan.
Forest Hills, MI has a cost of living index of 112, 1.4x Allegan.
Jenison, MI has a cost of living index of 94, 1.2x Allegan.
| City | Population | Cost Of Living | Vs. Allegan |
|---|---|---|---|
| Portage, MI | 48,767 | 87 | 1.1x |
| Forest Hills, MI | 28,327 | 112 | 1.4x |
| Jenison, MI | 17,570 | 94 | 1.2x |
| Northview, MI | 15,251 | 94 | 1.2x |
| East Grand Rapids, MI | 11,381 | 115 | 1.4x |
| Westwood, MI | 8,920 | 83 | 1.0x |
| Hudsonville, MI | 7,598 | 92 | 1.1x |
| Byron Center, MI | 6,860 | 99 | 1.2x |
| Rockford, MI | 6,131 | 91 | 1.1x |
| Comstock Northwest, MI | 5,438 | 84 | 1.1x |
