Burton, MI Cost Of Living
Cost Of Living In Burton, MI Summary
Cost of living in Burton 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 Burton 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 Burton is 89, with 100 being the average.
The cost of living index in Burton is 0.9x lower than the national average.
Burton ranks as the #73 cheapest in Michigan out of 175.
Burton ranks as the #1,460 cheapest out of 6,412 in the US.
The median home value in Burton is $104,300.
The median income in Burton is $51,300.
Table Of Contents
Burton's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Burton, MI?
According to the most recent data on the cost of living, Burton has an overall cost of living index of 89, which is 0.9x lower than the national index of 100.
Compared to Michigan, Burton has a cost of living index that's 1.0x lower than Michigan's index of 92.
The standard of living in Burton ranks as #73 most affordable out of the 175 places we measured in Michigan. By definition, that implies Burton ranks as the #102 most expensive place in the Wolverine State.
For more reading on life in Burton, check out:
- Living In Burton
- Burton Crime Report
- Search Homes For Sale In Burton, MI
In Michigan
In America
Burton Cost Of Living Vs. Michigan
Six factors go into calculating the cost of living index in Burton. Here is how it fairs on each of the criteria:
The Services index in Burton is 111.
The Groceries index in Burton is 100.
The Health index in Burton is 97.
The Housing index in Burton is 54.
The Transportation index in Burton is 107.
The Utilities index in Burton is 98.
| Living Expense | Burton | Michigan | National Average | |
|---|---|---|---|---|
| Overall | 89 | 92 | 100 | |
| Services | 111 | 96 | 100 | |
| Groceries | 100 | 96 | 100 | |
| Health | 97 | 94 | 100 | |
| Housing | 54 | 80 | 100 | |
| Transportation | 107 | 97 | 100 | |
| Utilities | 98 | 100 | 100 | |
Burton, 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 Burton is $104,300.
The Median Rent in Burton is $819.
The Median Income in Burton is $51,300.
The Home Value To Income in Burton is 2.0x.
The Rent To Monthly Income in Burton is 0.19x.
| Statistic | Burton | Michigan | United States |
|---|---|---|---|
| Median Home Value | $104,300 | $172,100 | $244,900 |
| Median Rent | $819 | $946 | $1,163 |
| Median Income | $51,300 | $63,202 | $69,021 |
| Home Value To Income | 2.0x | 2.7x | 3.5x |
| Rent To Monthly Income | 0.19x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Burton, MI Costs By Category
Detailed Burton Services Costs Vs. Michigan
Detailed Burton Groceries Costs Vs. Michigan
Detailed Burton Health Costs Vs. Michigan
Detailed Burton Transportation Costs Vs. Michigan
Detailed Burton Utilities Costs Vs. Michigan
Burton SnackAbility
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Cost Of Living In Cities Around Burton
The cost of living varies in the cities and towns around Burton. Here's a quick look at the cost of living in the most populous nearby places:
Flint, MI has a cost of living index of 83, 0.9x Burton.
Fenton, MI has a cost of living index of 92, 1.0x Burton.
Beecher, MI has a cost of living index of 84, 0.9x Burton.
| City | Population | Cost Of Living | Vs. Burton |
|---|---|---|---|
| Flint, MI | 83,312 | 83 | 0.9x |
| Fenton, MI | 11,949 | 92 | 1.0x |
| Beecher, MI | 9,171 | 84 | 0.9x |
| Lapeer, MI | 8,911 | 90 | 1.0x |
| Flushing, MI | 8,356 | 93 | 1.0x |
| Grand Blanc, MI | 8,055 | 97 | 1.1x |
| Lake Fenton, MI | 6,092 | 103 | 1.2x |
| Holly, MI | 6,031 | 91 | 1.0x |
| Swartz Creek, MI | 5,839 | 92 | 1.0x |
