Mason, MI Cost Of Living
Cost Of Living In Mason, MI Summary
Cost of living in Mason 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 Mason 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 Mason is 85, with 100 being the average.
The cost of living index in Mason is 0.8x lower than the national average.
Mason ranks as the #46 cheapest in Michigan out of 175.
Mason ranks as the #777 cheapest out of 6,412 in the US.
The median home value in Mason is $153,800.
The median income in Mason is $70,493.
Table Of Contents
Mason's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Mason, MI?
According to the most recent data on the cost of living, Mason has an overall cost of living index of 85, which is 0.8x lower than the national index of 100.
Compared to Michigan, Mason has a cost of living index that's 0.9x lower than Michigan's index of 92.
The standard of living in Mason ranks as #46 most affordable out of the 175 places we measured in Michigan. By definition, that implies Mason ranks as the #129 most expensive place in the Wolverine State.
For more reading on life in Mason, check out:
- Living In Mason
- Mason Crime Report
- Search Homes For Sale In Mason, MI
In Michigan
In America
Mason Cost Of Living Vs. Michigan
Six factors go into calculating the cost of living index in Mason. Here is how it fairs on each of the criteria:
The Services index in Mason is 87.
The Groceries index in Mason is 77.
The Health index in Mason is 96.
The Housing index in Mason is 73.
The Transportation index in Mason is 96.
The Utilities index in Mason is 99.
| Living Expense | Mason | Michigan | National Average | |
|---|---|---|---|---|
| Overall | 85 | 92 | 100 | |
| Services | 87 | 96 | 100 | |
| Groceries | 77 | 96 | 100 | |
| Health | 96 | 94 | 100 | |
| Housing | 73 | 80 | 100 | |
| Transportation | 96 | 97 | 100 | |
| Utilities | 99 | 100 | 100 | |
Mason, 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 2017-2021. The key points are:
The Median Home Value in Mason is $153,800.
The Median Rent in Mason is $1,009.
The Median Income in Mason is $70,493.
The Home Value To Income in Mason is 2.2x.
The Rent To Monthly Income in Mason is 0.17x.
| Statistic | Mason | Michigan | United States |
|---|---|---|---|
| Median Home Value | $153,800 | $172,100 | $244,900 |
| Median Rent | $1,009 | $946 | $1,163 |
| Median Income | $70,493 | $63,202 | $69,021 |
| Home Value To Income | 2.2x | 2.7x | 3.5x |
| Rent To Monthly Income | 0.17x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Mason, MI Costs By Category
Detailed Mason Services Costs Vs. Michigan
Detailed Mason Groceries Costs Vs. Michigan
Detailed Mason Health Costs Vs. Michigan
Detailed Mason Transportation Costs Vs. Michigan
Detailed Mason Utilities Costs Vs. Michigan
Mason SnackAbility
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Cost Of Living In Cities Around Mason
The cost of living varies in the cities and towns around Mason. 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, 1.0x Mason.
East Lansing, MI has a cost of living index of 95, 1.1x Mason.
Holt, MI has a cost of living index of 86, 1.0x Mason.
| City | Population | Cost Of Living | Vs. Mason |
|---|---|---|---|
| Lansing, MI | 113,592 | 85 | 1.0x |
| East Lansing, MI | 47,427 | 95 | 1.1x |
| Holt, MI | 25,755 | 86 | 1.0x |
| Okemos, MI | 25,179 | 101 | 1.2x |
| Waverly, MI | 23,328 | 94 | 1.1x |
| Haslett, MI | 19,333 | 93 | 1.1x |
| Charlotte, MI | 9,224 | 83 | 1.0x |
| Grand Ledge, MI | 7,792 | 87 | 1.0x |
| Eaton Rapids, MI | 5,211 | 78 | 0.9x |
