Cost of living in Chesterfield
Chesterfield, located in Michigan, United States, offers a unique blend of suburban charm and accessibility to urban amenities. Understanding the cost of living in Chesterfield is crucial for both current residents and those considering a move to the area.
This guide provides a detailed breakdown of expenses, including housing, dining, transportation, and more, to help you make informed financial decisions.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $17.5 on average, with a range between $12 and $25.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $50, with prices ranging from $40 to $80.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $9.5, with a range between $8 and $10.25.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $3.5 to $5, imported beer $5 to $7, cappuccino $4 to $7, and Coke/Pepsi $2 to $3.
Grocery Prices
- Milk - Milk is priced between $0.66 and $0.79 per liter, averaging $0.73.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.64 and $3.85, with an average price of $3.05.
- Eggs (Dozen) - A dozen eggs range from $1.5 to $3, averaging $2.5.
- Fruits (e.g., Apples, Oranges) - Apples cost $2.31 to $7.25 per kg, while oranges range from $6.61 to $12.13 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.1 and $4.41 per kg, and lettuce costs $1.25 to $2.49 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $0.77 and $0.95 per liter.
- Car Purchase (e.g., Volkswagen Golf, Toyota Corolla) - A new Volkswagen Golf costs $35,699.74, while a Toyota Corolla is priced at $26,125.82.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre averages $850.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages $800.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre averages $2300.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages $1500.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $100 and $250, averaging $130.61.
- Internet - Internet services range from $65 to $120, with an average cost of $73.66.
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.
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"Key Takeaways"
Chesterfield offers a relatively affordable cost of living compared to larger urban areas, with moderate housing and dining costs.
Transportation expenses are manageable, especially for those who own a vehicle, given the reasonable fuel prices.
Grocery prices are competitive, making it easier for residents to manage their monthly food budget.
Conclusion
In conclusion, Chesterfield, MI, presents a balanced cost of living that appeals to both families and individuals. The city offers affordable housing options and reasonable prices for dining and groceries.
For those considering a move to Chesterfield, understanding these costs can help in planning a comfortable lifestyle without financial strain.