Byron Center, MI Cost Of Living
Cost Of Living In Byron Center, MI Summary
Cost of living in Byron Center 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 Byron Center 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 Byron Center is 99, with 100 being the average.
The cost of living index in Byron Center is 1.0x lower than the national average.
Byron Center ranks as the #144 cheapest in Michigan out of 175.
Byron Center ranks as the #3,027 cheapest out of 6,412 in the US.
The median home value in Byron Center is $278,000.
The median income in Byron Center is $94,600.
Table Of Contents
Byron Center's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Byron Center, MI?
According to the most recent data on the cost of living, Byron Center has an overall cost of living index of 99, which is 1.0x lower than the national index of 100.
Compared to Michigan, Byron Center has a cost of living index that's 1.1x higher than Michigan's index of 92.
The standard of living in Byron Center ranks as #144 most affordable out of the 175 places we measured in Michigan. By definition, that implies Byron Center ranks as the #31 most expensive place in the Wolverine State.
For more reading on life in Byron Center, check out:
- Living In Byron Center
- Search Homes For Sale In Byron Center, MI
In Michigan
In America
Byron Center Cost Of Living Vs. Michigan
Six factors go into calculating the cost of living index in Byron Center. Here is how it fairs on each of the criteria:
The Services index in Byron Center is 99.
The Groceries index in Byron Center is 90.
The Health index in Byron Center is 97.
The Housing index in Byron Center is 107.
The Transportation index in Byron Center is 108.
The Utilities index in Byron Center is 101.
| Living Expense | Byron Center | Michigan | National Average | |
|---|---|---|---|---|
| Overall | 99 | 92 | 100 | |
| Services | 99 | 96 | 100 | |
| Groceries | 90 | 96 | 100 | |
| Health | 97 | 94 | 100 | |
| Housing | 107 | 80 | 100 | |
| Transportation | 108 | 97 | 100 | |
| Utilities | 101 | 100 | 100 | |
Byron Center, 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 2017-2021. The key points are:
The Median Home Value in Byron Center is $278,000.
The Median Rent in Byron Center is $982.
The Median Income in Byron Center is $94,600.
The Home Value To Income in Byron Center is 2.9x.
The Rent To Monthly Income in Byron Center is 0.12x.
| Statistic | Byron Center | Michigan | United States |
|---|---|---|---|
| Median Home Value | $278,000 | $172,100 | $244,900 |
| Median Rent | $982 | $946 | $1,163 |
| Median Income | $94,600 | $63,202 | $69,021 |
| Home Value To Income | 2.9x | 2.7x | 3.5x |
| Rent To Monthly Income | 0.12x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Byron Center, MI Costs By Category
Detailed Byron Center Services Costs Vs. Michigan
| Item | Byron Center | Michigan |
|---|---|---|
| Shampoo | $0.89 | $1.06 |
| Movie | $11.37 | $10.68 |
| Bowling | $16.78 | $14.67 |
| Haircut | $20.22 | $18.62 |
| Beauty Salon | $32.55 | $39.05 |
Detailed Byron Center Groceries Costs Vs. Michigan
| Item | Byron Center | Michigan |
|---|---|---|
| Ground Beef | $4.5 | $4.22 |
| Fried Chicken | $1.12 | $1.39 |
| Milk | $1.59 | $2.05 |
| Potatoes | $2.75 | $3.29 |
| Pizza | $10.16 | $10.62 |
| Beer | $8.21 | $9.38 |
| Toothpaste | $1.98 | $2.34 |
Detailed Byron Center Health Costs Vs. Michigan
| Item | Byron Center | Michigan |
|---|---|---|
| Optometrist | $105.11 | $108.57 |
| Doctor | $98.0 | $116.17 |
| Dentist | $94.78 | $99.13 |
Detailed Byron Center Transportation Costs Vs. Michigan
| Item | Byron Center | Michigan |
|---|---|---|
| Gasoline | $2.23 | $2.22 |
| Tire Balancing | $60.0 | $50.07 |
Detailed Byron Center Utilities Costs Vs. Michigan
| Item | Byron Center | Michigan |
|---|---|---|
| All Electricity | $170.23 | $167.67 |
| Phone | $181.0 | $175.64 |
Byron Center SnackAbility
/10
Cost Of Living In Cities Around Byron Center
The cost of living varies in the cities and towns around Byron Center. Here's a quick look at the cost of living in the most populous nearby places:
Grand Rapids, MI has a cost of living index of 90, 0.9x Byron Center.
Wyoming, MI has a cost of living index of 89, 0.9x Byron Center.
Kentwood, MI has a cost of living index of 92, 0.9x Byron Center.
| City | Population | Cost Of Living | Vs. Byron Center |
|---|---|---|---|
| Grand Rapids, MI | 197,858 | 90 | 0.9x |
| Wyoming, MI | 76,625 | 89 | 0.9x |
| Kentwood, MI | 53,884 | 92 | 0.9x |
| Forest Hills, MI | 28,327 | 112 | 1.1x |
| Walker, MI | 25,149 | 91 | 0.9x |
| Cutlerville, MI | 19,313 | 88 | 0.9x |
| Jenison, MI | 17,570 | 94 | 0.9x |
| Grandville, MI | 16,043 | 89 | 0.9x |
| Northview, MI | 15,251 | 94 | 0.9x |
| East Grand Rapids, MI | 11,381 | 115 | 1.2x |
