Burton, MI Cost Of Living
Cost Of Living In Burton, MI Summary
Cost of living in Burton research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Burton is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Michigan, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Burton is 90, with 100 being the average.
The cost of living index in Burton is 0.9x lower than the national average.
Burton ranks as the #68 cheapest in Michigan out of 180.
Burton ranks as the #1,206 cheapest out of 6,489 in the US.
The median home value in Burton is $153,348.
The median income in Burton is $57,767.
Table Of Contents
Burton's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Burton, MI?
According to the most recent data on the cost of living, Burton has an overall cost of living index of 90, which is 0.9x lower than the national index of 100.
Compared to Michigan, Burton has a cost of living index that's 1.0x lower than Michigan's index of 90.
The standard of living in Burton ranks as #68 most affordable out of the 180 places we measured in Michigan. By definition, that implies Burton ranks as the #112 most expensive place in the Wolverine State.
For more reading on life in Burton, check out:
In Michigan
In America
Burton Cost Of Living Vs. Michigan
Six factors go into calculating the cost of living index in Burton. Here is how it fairs on each of the criteria:
The Services index in Burton is 103.
The Groceries index in Burton is 102.
The Health index in Burton is 101.
The Housing index in Burton is 62.
The Transportation index in Burton is 99.
The Utilities index in Burton is 94.
| Living Expense | Burton | Michigan | National Average | |
|---|---|---|---|---|
| Overall | 90 | 90 | 100 | |
| Services | 103 | 93 | 100 | |
| Groceries | 102 | 97 | 100 | |
| Health | 101 | 91 | 100 | |
| Housing | 62 | 72 | 100 | |
| Transportation | 99 | 96 | 100 | |
| Utilities | 94 | 99 | 100 | |
Burton, MI Housing Cost Breakdown
Housing swings affordability the most between places in Michigan, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in Burton is $153,348.
The Median Rent in Burton is $1,006.
The Median Income in Burton is $57,767.
The Home Value To Income in Burton is 2.7x.
The Rent To Monthly Income in Burton is 0.21x.
Median Home Value
Median Rent
Median Income
Burton, MI Costs By Category
Detailed Burton Services Costs Vs. Michigan
Detailed Burton Groceries Costs Vs. Michigan
Detailed Burton Health Costs Vs. Michigan
Detailed Burton Transportation Costs Vs. Michigan
Detailed Burton Utilities Costs Vs. Michigan
Burton SnackAbility
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Cost Of Living In Cities Around Burton
The cost of living varies in the cities and towns around Burton. Here's a quick look at the cost of living in the most populous nearby places:
Flint, MI has a cost of living index of 81, 0.9x Burton.
Fenton, MI has a cost of living index of 96, 1.1x Burton.
Lapeer, MI has a cost of living index of 92, 1.0x Burton.
| City | Population | Cost Of Living | Vs. Burton |
|---|---|---|---|
| Flint, MI | 80,835 | 81 | 0.9x |
| Fenton, MI | 11,950 | 96 | 1.1x |
| Lapeer, MI | 9,053 | 92 | 1.0x |
| Beecher, MI | 8,507 | 82 | 0.9x |
| Flushing, MI | 8,323 | 91 | 1.0x |
| Grand Blanc, MI | 7,995 | 99 | 1.1x |
| Lake Fenton, MI | 6,168 | 111 | 1.2x |
| Holly, MI | 5,971 | 95 | 1.1x |
| Swartz Creek, MI | 5,856 | 94 | 1.0x |
| Davison, MI | 5,082 | 93 | 1.0x |
