What is the cost of living in Mount Pleasant Michigan?

Mount Pleasant with a population of 25,691 is a beautiful city in Isabella County, Michigan. Here, an adult needs a total amount of $33,255 to spend for the annual cost of housing, food, transportation, health care, taxes, and other needs. However, this cost is less than the national average of $38,433 but roughly equal to the annual cost of living for Michigan, which is $32,897.

Mount Pleasant, Michigan, Housing Costs

Cost of Student Accommodation Mount Pleasant is one of the biggest contributors to the cost of living in Mount Pleasant. The median home value in Mount Pleasant is $135,600, which is lower than the $204,900 national average.

The rental price might rarely be less expensive than buying a home. Approximately 59.70% of occupied residences in the city are rented, which is more than the national average of 36.2%. The average renter in Mount Pleasant pays $760 a month for housing, which is more than the $1,023 average monthly rent nationwide.

Housing affordability is largely determined by local income in addition to home value. While the average price of a home in the United States is 3.4 times the median family income of $60,293, housing affordability ratios vary from around 1.0 in the least costly areas to more than 10.0 in the most expensive markets in the nation. 

Transportation 

Travelling around Mount Pleasant, Michigan, could be expensive because it is estimated that an adult spends $5,305 yearly on transportation. On the other hand, a family of four may anticipate spending roughly $14,456 every year on transportation expenses. However, this big state does include roughly 82 transportation companies that offer public transportation services, including ferry boat companies, urban transit companies, and rural public transit companies.

You can rely on your own transportation, which will have different prices, notwithstanding the high expenditures associated with using public transportation. 

Food

Another regular item that significantly affects the entire cost of living is food. In Mount Pleasant, a family of four spends $8,105 on food annually, compared to the typical adult's $2,807 expenditure. In Michigan and the United States, an adult alone spends $3,026 annually on food, while a family of four spends $3,240. These estimates are predicated on the idea that the meal would be made at home as a component of a diet that is nutritionally balanced.

The Reserve- a premium student home

Student living at The Reserve at Central Michigan University fosters uplifting and enjoyable college experiences that improve students' lives. The property assist its residents experience the stories they'll tell for years to come through everything from its community design to its social schedule to its outreach initiatives. A resort-style pool and a 24-hour fitness centre are just a couple of the amenities available to residents. And the completely furnished apartments at the The Reserve at Mt.Pleasant give the perfect home away from home with their private, individual bedrooms, baths, and walk-in closets. 

In this property you can experience convenient student living near Central Michigan University. It provides unmatched amenities and features including 24-hour fitness centre, resort-style pool, amazing activities for residents and their friends.