Eastwood, MI Cost Of Living

The latest cost of living statistics for Eastwood. Includes statistics on rent, mortgages, healthcare, and other costs for Eastwood compared to the state and national averages.

Cost of living in Eastwood, Michigan

Cost of living in Eastwood 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 Eastwood 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:

84 Cost of living index 0.8x lower vs US
#26 Cheapest in Michigan (of 179)
#251 Cheapest in the U.S. (of 6,489)
$180,194 Median home value
$1,065 Median rent
$53,977 Median income
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What is the cost of living in Eastwood, MI?

According to the most recent data on the cost of living, Eastwood has an overall cost of living index of 84, which is 0.8x lower than the national index of 100.

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

The standard of living in Eastwood ranks as #26 most affordable out of the 179 places we measured in Michigan. By definition, that implies Eastwood ranks as the #153 most expensive place in the Wolverine State.

For more reading on life in Eastwood, check out:

Eastwood Cost Of Living Vs. Michigan

Six factors go into calculating the cost of living index in Eastwood. Here is how it fares on each of the criteria:

  • The Services index in Eastwood is 95.

  • The Groceries index in Eastwood is 100.

  • The Health index in Eastwood is 62.

  • The Housing index in Eastwood is 95.

  • The Transportation index in Eastwood is 99.

  • The Utilities index in Eastwood is 95.

Living Expense Eastwood Michigan National Average
Overall 84 91 100
Services 95 97 100
Groceries 100 98 100
Health 62 75 100
Housing 95 98 100
Transportation 99 101 100
Utilities 95 98 100

Eastwood Cost Of Living Compared To Michigan Averages

Services
Eastwood 95
Michigan avg 97
Groceries
Eastwood 100
Michigan avg 98
Health
Eastwood 62
Michigan avg 75
Housing
Eastwood 95
Michigan avg 98
Transportation
Eastwood 99
Michigan avg 101
Utilities
Eastwood 95
Michigan avg 98

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around Michigan, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

Eastwood, MI Housing Cost Breakdown

$180,194Median Home Value
$1,065Median Rent
$53,977Median Income

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 2020-2024. The key points are:

  • The Median Home Value in Eastwood is $180,194.

  • The Median Rent in Eastwood is $1,065.

  • The Median Income in Eastwood is $53,977.

  • The Home Value To Income in Eastwood is 3.3x.

  • The Rent To Monthly Income in Eastwood is 0.24x.

Statistic Eastwood Michigan United States
Median Home Value $180,194 $259,857 $332,700
Median Rent $1,065 $1,129 $1,413
Median Income $53,977 $72,875 $80,734
Home Value To Income 3.3x 3.6x 4.1x
Rent To Monthly Income 0.24x 0.19x 0.21x

Eastwood, MI Costs By Category

Detailed Eastwood Services costs vs. Michigan
Item Eastwood Michigan
Shampoo $1.4 $1.28
Movie $11.22 $12.13
Bowling $22.17 $18
Haircut $24.53 $24.26
Beauty Salon $56.27 $45.56
Detailed Eastwood Groceries costs vs. Michigan
Item Eastwood Michigan
Ground Beef $5.51 $5.84
Fried Chicken $1.69 $1.57
Milk $4.84 $4.67
Potatoes $4.77 $4.93
Pizza $10.99 $12.09
Beer $9.38 $10.41
Toothpaste $3.64 $3.7
Detailed Eastwood Health costs vs. Michigan
Item Eastwood Michigan
Optometrist $91.4 $125.68
Doctor $139.14 $135.78
Dentist $120.35 $113.29
Detailed Eastwood Transportation costs vs. Michigan
Item Eastwood Michigan
Gasoline $3.42 $3.46
Tire Balancing $60.57 $59.92
Detailed Eastwood Utilities costs vs. Michigan
Item Eastwood Michigan
All Electricity $180.47 $193.99
Phone $184.98 $192.25

Eastwood SnackAbility

6Overall SnackAbility
Jobs 5/10
Housing 6/10
Affordability 8.5/10
Diversity 9.5/10
SafetyN/A
Amenities 8.5/10
Education 7/10
Commute 9/10

Cost Of Living In Cities Around Eastwood

The cost of living varies in the cities and towns around Eastwood. Here's a quick look at the cost of living in the most populous nearby places:

  • Kalamazoo, MI has a cost of living index of 87, 1.0x Eastwood.

  • Battle Creek, MI has a cost of living index of 87, 1.0x Eastwood.

  • Portage, MI has a cost of living index of 96, 1.1x Eastwood.

City Population Cost Of Living Vs. Eastwood
Kalamazoo, MI 73,076 87 1.0x
Battle Creek, MI 52,374 87 1.0x
Portage, MI 49,259 96 1.1x
Westwood, MI 8,867 94 1.1x
Comstock Northwest, MI 5,391 94 1.1x
Springfield, MI 5,269 80 1.0x