Cost of living in Tecumseh 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 Tecumseh 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 Tecumseh is 92, with 100 being the average.
The cost of living index in Tecumseh is 0.9x lower than the national average.
Tecumseh ranks as the #102 cheapest in Michigan out of 175.
Tecumseh ranks as the #1,974 cheapest out of 6,412 in the US.
The median home value in Tecumseh is $156,800.
The median income in Tecumseh is $60,728.
According to the most recent data on the cost of living, Tecumseh has an overall cost of living index of 92, which is 0.9x lower than the national index of 100.
Compared to Michigan, Tecumseh has a cost of living index that's 1.0x lower than Michigan's index of 92.
The standard of living in Tecumseh ranks as #102 most affordable out of the 175 places we measured in Michigan. By definition, that implies Tecumseh ranks as the #73 most expensive place in the Wolverine State.
For more reading on life in Tecumseh, check out:
Six factors go into calculating the cost of living index in Tecumseh. Here is how it fairs on each of the criteria:
The Services index in Tecumseh is 109.
The Groceries index in Tecumseh is 98.
The Health index in Tecumseh is 96.
The Housing index in Tecumseh is 66.
The Transportation index in Tecumseh is 108.
The Utilities index in Tecumseh is 98.
Living Expense | Tecumseh | Michigan | National Average | |
---|---|---|---|---|
Overall | 92 | 92 | 100 | |
Services | 109 | 96 | 100 | |
Groceries | 98 | 96 | 100 | |
Health | 96 | 94 | 100 | |
Housing | 66 | 80 | 100 | |
Transportation | 108 | 97 | 100 | |
Utilities | 98 | 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 Tecumseh is $156,800.
The Median Rent in Tecumseh is $852.
The Median Income in Tecumseh is $60,728.
The Home Value To Income in Tecumseh is 2.6x.
The Rent To Monthly Income in Tecumseh is 0.17x.
Statistic | Tecumseh | Michigan | United States |
---|---|---|---|
Median Home Value | $156,800 | $172,100 | $244,900 |
Median Rent | $852 | $946 | $1,163 |
Median Income | $60,728 | $63,202 | $69,021 |
Home Value To Income | 2.6x | 2.7x | 3.5x |
Rent To Monthly Income | 0.17x | 0.18x | 0.2x |
The cost of living varies in the cities and towns around Tecumseh. Here's a quick look at the cost of living in the most populous nearby places:
Novi, MI has a cost of living index of 113, 1.2x Tecumseh.
Bowling Green, OH has a cost of living index of 93, 1.0x Tecumseh.
Perrysburg, OH has a cost of living index of 99, 1.1x Tecumseh.
City | Population | Cost Of Living | Vs. Tecumseh |
---|---|---|---|
Novi, MI | 65,369 | 113 | 1.2x |
Bowling Green, OH | 30,715 | 93 | 1.0x |
Perrysburg, OH | 24,633 | 99 | 1.1x |
Adrian, MI | 20,674 | 89 | 1.0x |
Oregon, OH | 19,935 | 90 | 1.0x |
Sylvania, OH | 18,991 | 92 | 1.0x |
Maumee, OH | 13,915 | 91 | 1.0x |
Plymouth, MI | 9,308 | 109 | 1.2x |
Saline, MI | 9,072 | 102 | 1.1x |
Wauseon, OH | 7,277 | 87 | 0.9x |