Temperance, MI Cost Of Living
Cost Of Living In Temperance, MI Summary
Cost of living in Temperance 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 Temperance 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 Temperance is 98, with 100 being the average.
The cost of living index in Temperance is 1.0x lower than the national average.
Temperance ranks as the #125 cheapest in Michigan out of 180.
Temperance ranks as the #2,372 cheapest out of 6,489 in the US.
The median home value in Temperance is $288,024.
The median income in Temperance is $76,069.
Table Of Contents
Temperance's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Temperance, MI?
According to the most recent data on the cost of living, Temperance has an overall cost of living index of 98, which is 1.0x lower than the national index of 100.
Compared to Michigan, Temperance has a cost of living index that's 1.1x higher than Michigan's index of 90.
The standard of living in Temperance ranks as #125 most affordable out of the 180 places we measured in Michigan. By definition, that implies Temperance ranks as the #55 most expensive place in the Wolverine State.
For more reading on life in Temperance, check out:
In Michigan
In America
Temperance Cost Of Living Vs. Michigan
Six factors go into calculating the cost of living index in Temperance. Here is how it fairs on each of the criteria:
The Services index in Temperance is 100.
The Groceries index in Temperance is 103.
The Health index in Temperance is 101.
The Housing index in Temperance is 94.
The Transportation index in Temperance is 101.
The Utilities index in Temperance is 96.
| Living Expense | Temperance | Michigan | National Average | |
|---|---|---|---|---|
| Overall | 98 | 90 | 100 | |
| Services | 100 | 93 | 100 | |
| Groceries | 103 | 97 | 100 | |
| Health | 101 | 91 | 100 | |
| Housing | 94 | 72 | 100 | |
| Transportation | 101 | 96 | 100 | |
| Utilities | 96 | 99 | 100 | |
Temperance, 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 Temperance is $288,024.
The Median Rent in Temperance is $1,270.
The Median Income in Temperance is $76,069.
The Home Value To Income in Temperance is 3.8x.
The Rent To Monthly Income in Temperance is 0.2x.
| Statistic | Temperance | Michigan | United States |
|---|---|---|---|
| Median Home Value | $288,024 | $258,642 | $303,400 |
| Median Rent | $1,270 | $1,084 | $1,348 |
| Median Income | $76,069 | $71,149 | $78,538 |
| Home Value To Income | 3.8x | 3.6x | 3.9x |
| Rent To Monthly Income | 0.2x | 0.18x | 0.21x |
Median Home Value
Median Rent
Median Income
Temperance, MI Costs By Category
Detailed Temperance Services Costs Vs. Michigan
| Item | Temperance | Michigan |
|---|---|---|
| Shampoo | $1.13 | $1.28 |
| Movie | $12.99 | $12.13 |
| Bowling | $12.33 | $18 |
| Haircut | $16.8 | $24.26 |
| Beauty Salon | $24.78 | $45.56 |
Detailed Temperance Groceries Costs Vs. Michigan
| Item | Temperance | Michigan |
|---|---|---|
| Ground Beef | $5.75 | $5.84 |
| Fried Chicken | $1.41 | $1.57 |
| Milk | $4.78 | $4.67 |
| Potatoes | $4.8 | $4.93 |
| Pizza | $8.99 | $12.09 |
| Beer | $9.04 | $10.41 |
| Toothpaste | $3.66 | $3.7 |
Detailed Temperance Health Costs Vs. Michigan
| Item | Temperance | Michigan |
|---|---|---|
| Optometrist | $85.0 | $125.68 |
| Doctor | $103.33 | $135.78 |
| Dentist | $91.0 | $113.29 |
Detailed Temperance Transportation Costs Vs. Michigan
| Item | Temperance | Michigan |
|---|---|---|
| Gasoline | $3.35 | $3.46 |
| Tire Balancing | $56.0 | $59.92 |
Detailed Temperance Utilities Costs Vs. Michigan
| Item | Temperance | Michigan |
|---|---|---|
| All Electricity | $219.2 | $193.99 |
| Phone | $184.44 | $192.25 |
Temperance SnackAbility
/10
Cost Of Living In Cities Around Temperance
The cost of living varies in the cities and towns around Temperance. Here's a quick look at the cost of living in the most populous nearby places:
Toledo, OH has a cost of living index of 87, 0.9x Temperance.
Perrysburg, OH has a cost of living index of 107, 1.1x Temperance.
Monroe, MI has a cost of living index of 91, 0.9x Temperance.
| City | Population | Cost Of Living | Vs. Temperance |
|---|---|---|---|
| Toledo, OH | 268,461 | 87 | 0.9x |
| Perrysburg, OH | 25,065 | 107 | 1.1x |
| Monroe, MI | 20,330 | 91 | 0.9x |
| Oregon, OH | 19,821 | 95 | 1.0x |
| Sylvania, OH | 19,038 | 98 | 1.0x |
| Maumee, OH | 13,765 | 97 | 1.0x |
| Lambertville, MI | 9,708 | 98 | 1.0x |
| South Monroe, MI | 6,771 | 96 | 1.0x |
| Rossford, OH | 6,315 | 94 | 1.0x |
| Northwood, OH | 5,195 | 95 | 1.0x |
