Cost of living in Niles
Niles, located in Michigan, United States, offers a unique blend of small-town charm and accessibility to larger urban areas. Understanding the cost of living in Niles is crucial for potential residents and those considering relocation.
This guide provides a detailed breakdown of expenses in Niles, covering dining, groceries, transportation, housing, and utilities, 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 $20 on average, with a range between $12 and $30.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $57.5, with prices ranging from $45 to $80.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $9, with a range between $8.5 and $10.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $3 to $6, imported beer $5 to $6.5, cappuccino $3 to $5, and Coke/Pepsi $1.45 to $3.
Grocery Prices
- Milk - Milk is priced between $0.63 and $0.87 per liter, averaging $0.75.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $2.19 and $3.29, with an average price of $2.46.
- Eggs (Dozen) - A dozen eggs range from $1.78 to $7.99, averaging $4.19.
- Fruits (e.g., Apples, Oranges) - Apples cost $3.31 to $8.82 per kg, while oranges range from $4.39 to $6.59 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $2.18 and $6.61 per kg, and lettuce costs $1.99 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $0.72 and $0.94 per liter.
- Taxi Fares - Taxi fares start at $5, with a cost of $50 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Data not provided.
- 1-Bedroom Apartment Rent (Outside Centre) - Data not provided.
- 3-Bedroom Apartment Rent (City Centre) - Data not provided.
- 3-Bedroom Apartment Rent (Outside Centre) - Data not provided.
- Buying Price per Square Meter (City Centre) - Data not provided.
- Buying Price per Square Meter (Outside Centre) - Data not provided.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $200 and $400, averaging $276.05.
- Internet - Internet services range from $60 to $100, with an average cost of $70.
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"
Niles offers a relatively affordable cost of living compared to larger cities, with moderate prices for dining and groceries.
Transportation costs are reasonable, especially for gasoline, though taxi fares can add up if used frequently.
Utilities are moderately priced, and internet services are competitively priced, making it easier to manage monthly expenses.
Conclusion
In conclusion, Niles, MI, presents a balanced cost of living with affordable dining and grocery options, reasonable transportation costs, and manageable utility expenses.
While housing data is not provided, the overall affordability makes Niles an attractive option for those seeking a small-town atmosphere with access to essential amenities.