Cost of living in Fenton
Fenton, located in Michigan, United States, offers a unique blend of small-town charm and modern amenities. Understanding the cost of living in Fenton is crucial for both current residents and those considering a move to the area.
This guide provides a detailed breakdown of expenses in Fenton, covering everything from dining and groceries to transportation and housing. Whether you're planning to relocate or simply want to manage your budget better, these insights will 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 $18.49 on average, with a range between $12 and $40.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $65, with prices ranging from $50 to $80.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $11, with a range between $8 and $12.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $4 to $10.62, imported beer $6 to $12, cappuccino $3 to $11, and Coke/Pepsi $2 to $3.5.
Grocery Prices
- Milk - Milk is priced between $0.53 and $1.06 per liter, averaging $0.79.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $0.99 and $6.05, with an average price of $2.2.
- Eggs (Dozen) - A dozen eggs range from $2.3 to $4, averaging $3.25.
- Fruits (e.g., Apples, Oranges) - Apples and oranges both cost $2.2 per kg, with apples reaching up to $13.23 and oranges up to $11.02.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $0.86 and $3.31 per kg, and lettuce costs $0.75 to $4.39 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $0.77 and $0.94 per liter.
- Taxi Fares - Taxi fares start at $4.7, with a cost of $1.4 to $2 per km and $25 to $31.5 per hour of waiting.
- Car Purchase - A new Volkswagen Golf costs between $24,800 and $35,699.74, while a Toyota Corolla ranges from $23,500 to $26,125.82.
Housing Costs
- Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child - The cost for private preschool is $950 per month.
- International Primary School, Yearly for 1 Child - The yearly cost for international primary school is $21,000.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $100 and $250, averaging $117.65.
- Internet - Internet services range from $40 to $75, with an average cost of $58.43.
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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"Key Takeaways"
Fenton offers a moderate cost of living with affordable dining and grocery options. Housing and transportation costs are relatively stable, making it a viable option for families and individuals alike.
To save money, consider dining at inexpensive restaurants and utilizing public transportation or carpooling to reduce fuel expenses.
Conclusion
In conclusion, Fenton, MI, presents a balanced cost of living with reasonable expenses across various categories. The city provides a comfortable lifestyle with access to essential services and amenities.
Whether you're a current resident or planning to move, understanding these costs can help you budget effectively and enjoy all that Fenton has to offer.