Fenton, MI Cost Of Living

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Updated: 2020-03-08
Fenton's Overall Cost Of Living
Lower Than The National Average
The cost of living index is set to 100 for the average place in America. An index above 100 means Fenton is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Fenton, MI?

According to the most recent data on the cost of living, Fenton has an overall cost of living index of 92 which is 0.9x lower than the national index of 100.

Compared to only Michigan, Fenton has a cost of living index that's 1.0x higher than Michigan's index of 89.

The standard of living in Fenton ranks as #2060 most affordable out of the 6522 places we measured in Michigan. By definition, that implies Fenton ranks as the #4346 most expensive place in the Wolverine State.

For more reading on life in Fenton, check out:

Fenton Cost Of Living Vs. Michigan

Living Expense Fenton Michigan National Average
Overall 92 89 100
Services 104 95 100
Groceries 93 88 100
Health 93 94 100
Housing 70 74 100
Transportation 114 106 100
Utilities 94 99 100
For more reading on cost of living around Michigan, check out:
Fenton Cost of Living Vs. MI

Fenton, MI Housing Cost Breakdown

Housing swings affordability the most between places in Michigan, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

Median Home Value
Median Rent
Median Income
Statistic Fenton Michigan United States
Median Home Value $131,900 $146,200 $204,900
Median Rent $995 $850 $1,023
Median Income $53,638 $54,938 $60,293
Home Value To Income 2.5x 2.7x 3.4x
Rent To Monthly Income 0.22x 0.19x 0.2x

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Cost Of Living In Cities Around Fenton

City Population Cost Of Living Vs. Fenton
Burton, MI 28,754 87 0.9x
Howell, MI 9,597 95 1.0x
Flushing, MI 8,012 90 1.0x
Grand Blanc, MI 7,925 93 1.0x
Brighton, MI 7,626 99 1.1x
Milford, MI 6,484 99 1.1x
Holly, MI 6,194 88 1.0x
Swartz Creek, MI 5,531 90 1.0x
Lake Fenton, MI 5,331 100 1.1x

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