Cost of living in Ecorse 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 Ecorse 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 Ecorse is 84, with 100 being the average.
The cost of living index in Ecorse is 0.8x lower than the national average.
Ecorse ranks as the #37 cheapest in Michigan out of 175.
Ecorse ranks as the #629 cheapest out of 6,412 in the US.
The median home value in Ecorse is $50,400.
The median income in Ecorse is $36,912.
According to the most recent data on the cost of living, Ecorse has an overall cost of living index of 84, which is 0.8x lower than the national index of 100.
Compared to Michigan, Ecorse has a cost of living index that's 0.9x lower than Michigan's index of 92.
The standard of living in Ecorse ranks as #37 most affordable out of the 175 places we measured in Michigan. By definition, that implies Ecorse ranks as the #138 most expensive place in the Wolverine State.
For more reading on life in Ecorse, check out:
Six factors go into calculating the cost of living index in Ecorse. Here is how it fairs on each of the criteria:
The Services index in Ecorse is 110.
The Groceries index in Ecorse is 101.
The Health index in Ecorse is 98.
The Housing index in Ecorse is 39.
The Transportation index in Ecorse is 106.
The Utilities index in Ecorse is 95.
Living Expense | Ecorse | Michigan | National Average | |
---|---|---|---|---|
Overall | 84 | 92 | 100 | |
Services | 110 | 96 | 100 | |
Groceries | 101 | 96 | 100 | |
Health | 98 | 94 | 100 | |
Housing | 39 | 80 | 100 | |
Transportation | 106 | 97 | 100 | |
Utilities | 95 | 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 Ecorse is $50,400.
The Median Rent in Ecorse is $838.
The Median Income in Ecorse is $36,912.
The Home Value To Income in Ecorse is 1.4x.
The Rent To Monthly Income in Ecorse is 0.27x.
Statistic | Ecorse | Michigan | United States |
---|---|---|---|
Median Home Value | $50,400 | $172,100 | $244,900 |
Median Rent | $838 | $946 | $1,163 |
Median Income | $36,912 | $63,202 | $69,021 |
Home Value To Income | 1.4x | 2.7x | 3.5x |
Rent To Monthly Income | 0.27x | 0.18x | 0.2x |
The cost of living varies in the cities and towns around Ecorse. Here's a quick look at the cost of living in the most populous nearby places:
Dearborn, MI has a cost of living index of 96, 1.1x Ecorse.
Livonia, MI has a cost of living index of 102, 1.2x Ecorse.
Taylor, MI has a cost of living index of 88, 1.0x Ecorse.
City | Population | Cost Of Living | Vs. Ecorse |
---|---|---|---|
Dearborn, MI | 107,985 | 96 | 1.1x |
Livonia, MI | 95,294 | 102 | 1.2x |
Taylor, MI | 63,071 | 88 | 1.0x |
Royal Oak, MI | 58,368 | 101 | 1.2x |
Lincoln Park, MI | 39,741 | 89 | 1.1x |
Southgate, MI | 29,990 | 92 | 1.1x |
Allen Park, MI | 28,431 | 91 | 1.1x |
Wyandotte, MI | 24,992 | 88 | 1.0x |
Trenton, MI | 18,489 | 96 | 1.1x |
Berkley, MI | 15,234 | 102 | 1.2x |