Cost of living in Allendale 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 Allendale 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 Allendale is 97, with 100 being the average.
The cost of living index in Allendale is 1.0x lower than the national average.
Allendale ranks as the #136 cheapest in Michigan out of 175.
Allendale ranks as the #2,747 cheapest out of 6,412 in the US.
The median home value in Allendale is $219,700.
The median income in Allendale is $60,775.
According to the most recent data on the cost of living, Allendale has an overall cost of living index of 97, which is 1.0x lower than the national index of 100.
Compared to Michigan, Allendale has a cost of living index that's 1.1x higher than Michigan's index of 92.
The standard of living in Allendale ranks as #136 most affordable out of the 175 places we measured in Michigan. By definition, that implies Allendale ranks as the #39 most expensive place in the Wolverine State.
For more reading on life in Allendale, check out:
Six factors go into calculating the cost of living index in Allendale. Here is how it fairs on each of the criteria:
The Services index in Allendale is 95.
The Groceries index in Allendale is 90.
The Health index in Allendale is 96.
The Housing index in Allendale is 87.
The Transportation index in Allendale is 105.
The Utilities index in Allendale is 99.
Living Expense | Allendale | Michigan | National Average | |
---|---|---|---|---|
Overall | 97 | 92 | 100 | |
Services | 95 | 96 | 100 | |
Groceries | 90 | 96 | 100 | |
Health | 96 | 94 | 100 | |
Housing | 87 | 80 | 100 | |
Transportation | 105 | 97 | 100 | |
Utilities | 99 | 100 | 100 |
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 Allendale is $219,700.
The Median Rent in Allendale is $1,092.
The Median Income in Allendale is $60,775.
The Home Value To Income in Allendale is 3.6x.
The Rent To Monthly Income in Allendale is 0.22x.
Statistic | Allendale | Michigan | United States |
---|---|---|---|
Median Home Value | $219,700 | $172,100 | $244,900 |
Median Rent | $1,092 | $946 | $1,163 |
Median Income | $60,775 | $63,202 | $69,021 |
Home Value To Income | 3.6x | 2.7x | 3.5x |
Rent To Monthly Income | 0.22x | 0.18x | 0.2x |
The cost of living varies in the cities and towns around Allendale. Here's a quick look at the cost of living in the most populous nearby places:
Wyoming, MI has a cost of living index of 89, 0.9x Allendale.
Kentwood, MI has a cost of living index of 92, 0.9x Allendale.
Walker, MI has a cost of living index of 91, 0.9x Allendale.
City | Population | Cost Of Living | Vs. Allendale |
---|---|---|---|
Wyoming, MI | 76,625 | 89 | 0.9x |
Kentwood, MI | 53,884 | 92 | 0.9x |
Walker, MI | 25,149 | 91 | 0.9x |
Cutlerville, MI | 19,313 | 88 | 0.9x |
Jenison, MI | 17,570 | 94 | 1.0x |
Grandville, MI | 16,043 | 89 | 0.9x |
Northview, MI | 15,251 | 94 | 1.0x |
East Grand Rapids, MI | 11,381 | 115 | 1.2x |
Hudsonville, MI | 7,598 | 92 | 0.9x |
Byron Center, MI | 6,860 | 99 | 1.0x |