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Cost of Living

According to 2016 annual average data found in the Cost of Living Index by the Council for Community and Economic Research, the region boasts a cost of living 19.9% less than the national average. Specifically, the affordable price of quality housing in the Southwest Michigan continues to drive the cost of living in the area well below the national average. Living in the region puts more money in your wallet to use for things you want like saving up for college, a dream vacation or retirement! It means more money in our residents’ pockets to invest, spend on necessities and fully enjoy everything living in Southwest Michigan has to offer.

Among the 264 urban areas that participated in the 2016 index, the after-tax cost for a professional / managerial standard of living ranged from more than twice the national average in New York (Manhattan), NY to almost 20 percent below the national average in McAllen, TX. The Kalamazoo-Portage MSA ranked in the Top 5 Urban Areas in the U.S. with the most favorable cost of living!

Overall


Source: The Council for Community and Economic Research (C2ER) Cost of Living Index — 2016 Annual Data, Published January 2017.

Grocery


Source: The Council for Community and Economic Research (C2ER) Cost of Living Index — 2016 Annual Data, Published January 2017.

Housing


Source: The Council for Community and Economic Research (C2ER) Cost of Living Index — 2016 Annual Data, Published January 2017.

Utilities


Source: The Council for Community and Economic Research (C2ER) Cost of Living Index — 2016 Annual Data, Published January 2017.

Transportation


Source: The Council for Community and Economic Research (C2ER) Cost of Living Index — 2016 Annual Data, Published January 2017.

Health Care


Source: The Council for Community and Economic Research (C2ER) Cost of Living Index — 2016 Annual Data, Published January 2017.

Miscellaneous


Source: The Council for Community and Economic Research (C2ER) Cost of Living Index — 2016 Annual Data, Published January 2017.

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Southwest Michigan First

map-icon241 East Michigan Avenue
Kalamazoo, MI 49007
269.553.9588

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