Belding, MI Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2022-04-07
81
Belding's Overall Cost Of Living
0.8x
Lower Than The National Average
22 out of 175
In Michigan
290 out of 6,412
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Belding is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Belding, MI?

According to the most recent data on the cost of living, Belding has an overall cost of living index of 81 which is 0.8x lower than the national index of 100.

Compared to only Michigan, Belding has a cost of living index that's 0.9x lower than Michigan's index of 91.

The standard of living in Belding ranks as #290 most affordable out of the 6,418 places we measured in Michigan. By definition, that implies Belding ranks as the #6,129 most expensive place in the Wolverine State.

For more reading on life in Belding, check out:

Belding Cost Of Living Vs. Michigan

Living Expense Belding Michigan National Average
Overall 81 91 100
Services 98 95 100
Groceries 88 90 100
Health 97 96 100
Housing 50 76 100
Transportation 109 101 100
Utilities 100 103 100
For more reading on cost of living around Michigan, check out:
Belding Cost of Living Vs. MI

Belding, MI Housing Cost Breakdown

Housing swings affordability the most between places in Michigan, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

$104,200
Median Home Value
$733
Median Rent
$46,319
Median Income
Statistic Belding Michigan United States
Median Home Value $104,200 $162,600 $229,800
Median Rent $733 $892 $1,096
Median Income $46,319 $59,234 $64,994
Home Value To Income 2.2x 2.7x 3.5x
Rent To Monthly Income 0.19x 0.18x 0.2x

Detailed Belding Services Costs Vs. Michigan

Item Belding Michigan
Shampoo $0.89 $1.06
Movie $11.37 $10.68
Bowling $16.78 $14.67

Detailed Belding Groceries Costs Vs. Michigan

Item Belding Michigan
Ground Beef $4.5 $4.22
Fried Chicken $1.12 $1.39
Milk $1.59 $2.05

Detailed Belding Health Costs Vs. Michigan

Item Belding Michigan
Haircut $20.22 $18.62
Beauty Salon $32.55 $39.05
Toothpaste $1.98 $2.34

Detailed Belding Transportation Costs Vs. Michigan

Item Belding Michigan
Potatoes $2.75 $3.29
Pizza $10.16 $10.62
Beer $8.21 $9.38
Optometrist $105.11 $108.57
Doctor $98.0 $116.17
Dentist $94.78 $99.13

Detailed Belding Utilities Costs Vs. Michigan

Item Belding Michigan
Gasoline $2.23 $2.22
Tire Balancing $60.0 $50.07
All Electricity $170.23 $167.67
Phone $181.0 $175.64

Belding SnackAbility

6
/10
Overall SnackAbility
Jobs
6/10
Housing
5
Affordability
8
Diversity
4
Safety
6
Amenities
8
Education
5
Commute
6

Cost Of Living In Cities Around Belding

City Population Cost Of Living Vs. Belding
Forest Hills, MI 28,690 112 1.4x
Northview, MI 15,209 94 1.2x
Ionia, MI 11,178 85 1.0x
Greenville, MI 8,407 83 1.0x
Rockford, MI 6,310 91 1.1x

Articles About Michigan

Enjoy The Snack?