Cost of living in Shelby Township
Shelby Township, located in Michigan, offers a unique blend of suburban living with access to urban amenities. Understanding the cost of living in this area is crucial for both current residents and those considering a move.
This guide provides a detailed breakdown of expenses in Shelby Township, covering essential categories such as dining, housing, and utilities.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $20 on average.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $60.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $10.
- Beverages (e.g., Coke/Pepsi, Water) - A 0.33 liter bottle of Coke/Pepsi costs $2, while water is priced at $1.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre averages $1400.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages $1000.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre averages $1950.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages $1800.
Utilities
- Internet - Internet services cost an average of $170 for 60 Mbps or more with unlimited data.
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
Restaurants
Restaurants
Rent Per Month
Rent Per Month
Utilities (Monthly)
Utilities (Monthly)
Salaries And Financing
Salaries And Financing
"Key Takeaways"
Shelby Township offers a moderate cost of living with affordable dining options and reasonable housing costs, especially outside the city centre.
Utilities, particularly internet services, are on the higher side, which is an important consideration for budgeting.
Conclusion
In conclusion, Shelby Township provides a balanced cost of living with competitive housing prices and dining costs. While utilities like internet can be pricey, the overall expenses are manageable for many residents.
Prospective residents should weigh these factors when considering a move to Shelby Township, ensuring they align with personal financial goals and lifestyle preferences.