Eaton Rapids, MI Cost Of Living
Cost Of Living In Eaton Rapids, MI Summary
Cost of living in Eaton Rapids 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 Eaton Rapids 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 Eaton Rapids is 78, with 100 being the average.
The cost of living index in Eaton Rapids is 0.8x lower than the national average.
Eaton Rapids ranks as the #7 cheapest in Michigan out of 175.
Eaton Rapids ranks as the #113 cheapest out of 6,412 in the US.
The median home value in Eaton Rapids is $117,000.
The median income in Eaton Rapids is $56,047.
Table Of Contents
Eaton Rapids's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Eaton Rapids, MI?
According to the most recent data on the cost of living, Eaton Rapids has an overall cost of living index of 78, which is 0.8x lower than the national index of 100.
Compared to Michigan, Eaton Rapids has a cost of living index that's 0.8x lower than Michigan's index of 92.
The standard of living in Eaton Rapids ranks as #7 most affordable out of the 175 places we measured in Michigan. By definition, that implies Eaton Rapids ranks as the #168 most expensive place in the Wolverine State.
For more reading on life in Eaton Rapids, check out:
- Living In Eaton Rapids
- Eaton Rapids Crime Report
- Search Homes For Sale In Eaton Rapids, MI
In Michigan
In America
Eaton Rapids Cost Of Living Vs. Michigan
Six factors go into calculating the cost of living index in Eaton Rapids. Here is how it fairs on each of the criteria:
The Services index in Eaton Rapids is 87.
The Groceries index in Eaton Rapids is 76.
The Health index in Eaton Rapids is 93.
The Housing index in Eaton Rapids is 58.
The Transportation index in Eaton Rapids is 99.
The Utilities index in Eaton Rapids is 97.
| Living Expense | Eaton Rapids | Michigan | National Average | |
|---|---|---|---|---|
| Overall | 78 | 92 | 100 | |
| Services | 87 | 96 | 100 | |
| Groceries | 76 | 96 | 100 | |
| Health | 93 | 94 | 100 | |
| Housing | 58 | 80 | 100 | |
| Transportation | 99 | 97 | 100 | |
| Utilities | 97 | 100 | 100 | |
Eaton Rapids, 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 Eaton Rapids is $117,000.
The Median Rent in Eaton Rapids is $835.
The Median Income in Eaton Rapids is $56,047.
The Home Value To Income in Eaton Rapids is 2.1x.
The Rent To Monthly Income in Eaton Rapids is 0.18x.
| Statistic | Eaton Rapids | Michigan | United States |
|---|---|---|---|
| Median Home Value | $117,000 | $172,100 | $244,900 |
| Median Rent | $835 | $946 | $1,163 |
| Median Income | $56,047 | $63,202 | $69,021 |
| Home Value To Income | 2.1x | 2.7x | 3.5x |
| Rent To Monthly Income | 0.18x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Eaton Rapids, MI Costs By Category
Detailed Eaton Rapids Services Costs Vs. Michigan
| Item | Eaton Rapids | Michigan |
|---|---|---|
| Shampoo | $0.88 | $1.06 |
| Movie | $8.95 | $10.68 |
| Bowling | $16.39 | $14.67 |
| Haircut | $16.14 | $18.62 |
| Beauty Salon | $19.0 | $39.05 |
Detailed Eaton Rapids Groceries Costs Vs. Michigan
| Item | Eaton Rapids | Michigan |
|---|---|---|
| Ground Beef | $3.83 | $4.22 |
| Fried Chicken | $1.1 | $1.39 |
| Milk | $1.5 | $2.05 |
| Potatoes | $2.73 | $3.29 |
| Pizza | $9.99 | $10.62 |
| Beer | $8.21 | $9.38 |
| Toothpaste | $2.03 | $2.34 |
Detailed Eaton Rapids Health Costs Vs. Michigan
| Item | Eaton Rapids | Michigan |
|---|---|---|
| Optometrist | $63.31 | $108.57 |
| Doctor | $102.79 | $116.17 |
| Dentist | $98.94 | $99.13 |
Detailed Eaton Rapids Transportation Costs Vs. Michigan
| Item | Eaton Rapids | Michigan |
|---|---|---|
| Gasoline | $2.02 | $2.22 |
| Tire Balancing | $54.29 | $50.07 |
Detailed Eaton Rapids Utilities Costs Vs. Michigan
| Item | Eaton Rapids | Michigan |
|---|---|---|
| All Electricity | $167.02 | $167.67 |
| Phone | $178.81 | $175.64 |
Eaton Rapids SnackAbility
/10
Cost Of Living In Cities Around Eaton Rapids
The cost of living varies in the cities and towns around Eaton Rapids. Here's a quick look at the cost of living in the most populous nearby places:
Lansing, MI has a cost of living index of 85, 1.1x Eaton Rapids.
East Lansing, MI has a cost of living index of 95, 1.2x Eaton Rapids.
Holt, MI has a cost of living index of 86, 1.1x Eaton Rapids.
| City | Population | Cost Of Living | Vs. Eaton Rapids |
|---|---|---|---|
| Lansing, MI | 113,592 | 85 | 1.1x |
| East Lansing, MI | 47,427 | 95 | 1.2x |
| Holt, MI | 25,755 | 86 | 1.1x |
| Okemos, MI | 25,179 | 101 | 1.3x |
| Waverly, MI | 23,328 | 94 | 1.2x |
| Charlotte, MI | 9,224 | 83 | 1.1x |
| Mason, MI | 8,307 | 85 | 1.1x |
| Albion, MI | 8,061 | 75 | 1.0x |
| Grand Ledge, MI | 7,792 | 87 | 1.1x |
