Cost of Living in Watersmeet, MI
Population: 273 | Michigan
Watersmeet is 22% less expensive than the national average.
Cost of Living in Watersmeet, MI: What You Need to Know
With a cost of living index of 78, Watersmeet, MI is a very affordable place to live. Living here is 22% cheaper than the national average and in line with the Michigan state average. Watersmeet is a small community of 273 residents.
The median household income in Watersmeet is $60,708, which is 19% lower than the national median of $75,149. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.
Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.
Income
- Median Household Income
- $60,708
- vs US Median ($75,149)
- -19%
Housing
- Median Home Value
- $68,500
- Median Monthly Housing Cost
- $811/mo