Cost of living in Ann Arbor
Ann Arbor, located in Michigan, is known for its vibrant culture and educational institutions. Understanding the cost of living in this city is crucial for potential residents and students.
This guide provides a detailed breakdown of expenses in Ann Arbor, covering essential categories such as dining, groceries, transportation, housing, and utilities.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $14.5 on average, with a range between $9 and $35.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $80, with prices ranging from $60 to $100.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $9.19, with a range between $8.9 and $12.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $6 to $7, imported beer $5 to $7, cappuccino $3.5 to $7, and Coke/Pepsi $2 to $3.
Grocery Prices
- Milk - Milk is priced between $0.66 and $0.87 per liter, averaging $0.79.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $3.31 and $4.41, with an average price of $3.6.
- Eggs (Dozen) - A dozen eggs range from $1.79 to $3, averaging $2.7.
- Fruits (e.g., Apples, Oranges) - Apples cost $2.93 to $8.82 per kg, while oranges range from $2.2 to $6.61 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.1 and $4.41 per kg, and lettuce costs $1 to $2.99 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs between $1.5 and $2, with a monthly pass priced between $45 and $58.
- Fuel (Gasoline) - Gasoline is priced between $0.77 and $1.03 per liter.
- Taxi Fares - Taxi fares start at $3, with a cost of $1.55 per km and $26.4 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from $1500 to $2320, averaging $1814.29.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $1200 to $1600, averaging $1316.67.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from $3000 to $4500, averaging $3612.5.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $1889 to $3600, averaging $2548.63.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre ranges from $2551 to $6458.35, averaging $4240.97.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter ranges from $2551 to $4843.76, averaging $3098.2.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $125 and $290, averaging $172.24.
- Internet - Internet services range from $40 to $100, with an average cost of $62.78.
Cost of Living Rankings
The cost of living indices for the United States are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in United States, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
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Salaries And Financing
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"Key Takeaways"
Ann Arbor offers a diverse range of dining options, with prices varying significantly between casual and upscale restaurants.
Grocery prices in Ann Arbor are relatively moderate, with essentials like milk and bread being affordable.
Transportation costs are reasonable, with public transport and fuel prices being accessible for most residents.
Housing in Ann Arbor can be expensive, especially in the city centre, but options outside the centre are more affordable.
Utilities and internet services are moderately priced, contributing to the overall cost of living in the city.
Conclusion
In conclusion, Ann Arbor presents a mixed cost of living scenario, with some areas being more affordable than others.
Potential residents should consider their lifestyle preferences and budget constraints when planning a move to this vibrant city.
Overall, Ann Arbor offers a high quality of life with its cultural and educational opportunities, making it a desirable place to live despite the costs.