Cost of living in Haslett 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 Haslett 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 Haslett is 93, with 100 being the average.
The cost of living index in Haslett is 0.9x lower than the national average.
Haslett ranks as the #110 cheapest in Michigan out of 175.
Haslett ranks as the #2,137 cheapest out of 6,412 in the US.
The median home value in Haslett is $225,400.
The median income in Haslett is $69,599.
According to the most recent data on the cost of living, Haslett has an overall cost of living index of 93, which is 0.9x lower than the national index of 100.
Compared to Michigan, Haslett has a cost of living index that's 1.0x higher than Michigan's index of 92.
The standard of living in Haslett ranks as #110 most affordable out of the 175 places we measured in Michigan. By definition, that implies Haslett ranks as the #65 most expensive place in the Wolverine State.
For more reading on life in Haslett, check out:
Six factors go into calculating the cost of living index in Haslett. Here is how it fairs on each of the criteria:
The Services index in Haslett is 98.
The Groceries index in Haslett is 90.
The Health index in Haslett is 94.
The Housing index in Haslett is 85.
The Transportation index in Haslett is 106.
The Utilities index in Haslett is 100.
Living Expense | Haslett | Michigan | National Average | |
---|---|---|---|---|
Overall | 93 | 92 | 100 | |
Services | 98 | 96 | 100 | |
Groceries | 90 | 96 | 100 | |
Health | 94 | 94 | 100 | |
Housing | 85 | 80 | 100 | |
Transportation | 106 | 97 | 100 | |
Utilities | 100 | 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 Haslett is $225,400.
The Median Rent in Haslett is $956.
The Median Income in Haslett is $69,599.
The Home Value To Income in Haslett is 3.2x.
The Rent To Monthly Income in Haslett is 0.16x.
Statistic | Haslett | Michigan | United States |
---|---|---|---|
Median Home Value | $225,400 | $172,100 | $244,900 |
Median Rent | $956 | $946 | $1,163 |
Median Income | $69,599 | $63,202 | $69,021 |
Home Value To Income | 3.2x | 2.7x | 3.5x |
Rent To Monthly Income | 0.16x | 0.18x | 0.2x |
The cost of living varies in the cities and towns around Haslett. Here's a quick look at the cost of living in the most populous nearby places:
Lansing, MI has a cost of living index of 85, 0.9x Haslett.
East Lansing, MI has a cost of living index of 95, 1.0x Haslett.
Holt, MI has a cost of living index of 86, 0.9x Haslett.
City | Population | Cost Of Living | Vs. Haslett |
---|---|---|---|
Lansing, MI | 113,592 | 85 | 0.9x |
East Lansing, MI | 47,427 | 95 | 1.0x |
Holt, MI | 25,755 | 86 | 0.9x |
Okemos, MI | 25,179 | 101 | 1.1x |
Waverly, MI | 23,328 | 94 | 1.0x |
Mason, MI | 8,307 | 85 | 0.9x |
Grand Ledge, MI | 7,792 | 87 | 0.9x |
St. Johns, MI | 7,700 | 90 | 1.0x |