Cost of living in Madison Heights
Madison Heights, located in Michigan, is a vibrant city known for its diverse community and convenient location near major urban centers. Understanding the cost of living in Madison Heights is crucial for both current residents and those considering a move to the area.
This guide provides a detailed breakdown of various expenses, including dining, groceries, transportation, housing, and utilities, to help you plan your budget effectively.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $20 on average, with a range between $9 and $50.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $65, with prices ranging from $25 to $90.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $9, with a range between $8 and $12.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $3 to $8, imported beer $4.5 to $14, cappuccino $1.75 to $10, and Coke/Pepsi $1.25 to $3.
Grocery Prices
- Milk - Milk is priced between $0.6 and $1.06 per liter, averaging $0.87.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.93 and $3.85, with an average price of $2.76.
- Eggs (Dozen) - A dozen eggs range from $2 to $4, averaging $3.2.
- Fruits (e.g., Apples, Oranges) - Apples cost $1.3 to $6.61 per kg, while oranges range from $1.76 to $8.82 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.32 and $6.61 per kg, and lettuce costs $1.25 to $3.5 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $0.74 and $1.05 per liter.
- Taxi Fares - Taxi fares start at $2.5, with a cost of $0.93 to $1.4 per km and $20 to $48 per hour of waiting.
Housing Costs
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre averages $1800.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $90 and $308, averaging $251.12.
- Internet - Internet services range from $30 to $70, with an average cost of $55.33.
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"
Madison Heights offers a moderate cost of living with affordable dining options and reasonable grocery prices.
Housing costs are relatively stable, with a 3-bedroom apartment in the city centre averaging $1800.
Transportation costs are manageable, with gasoline prices and taxi fares being quite competitive.
Conclusion
In conclusion, Madison Heights, MI, presents a balanced cost of living that caters to a variety of lifestyles. The city offers affordable dining and grocery options, making it a practical choice for families and individuals alike.
While housing and utility costs are moderate, the overall expenses are manageable, making Madison Heights an attractive place to live for those seeking a suburban lifestyle with easy access to urban amenities.