Cost of Living in Spring Arbor, Michigan
Spring Arbor is a Census-designated place in Jackson County, Michigan, with a population of 2,634. The total cost of housing, food, child care, transportation, health care, taxes, and other necessities for a single adult in Spring Arbor is $33,844 a year — about the same as the annual cost of living for Michigan of $32,897 yet less than the national figure of $38,433.
Using cost of living data from the nonprofift think tank Economic Policy Institute, 24/7 Wall St. estimated the cost of living in Spring Arbor and over 29,000 other cities and towns in the US.
Housing Costs in Spring Arbor, Michigan
Housing is one of the largest components of cost of living. In Spring Arbor, the median home value is $163,500, less than the national median home value of $204,900.
Renting is a sometimes lower cost alternative to homeownership. In Spring Arbor, some 28.20% of occupied homes are rented, less than the 36.2% national renter rate. The typical renter in Spring Arbor spends $479 a month on housing, less than the $1,023 national median monthly rent.
In addition to home value, one of the largest determinants of housing affordability is area income. While nationwide the price of a typical U.S. home is 3.4 times the $60,293 U.S. median household income, housing affordability ratios range from approximately 1.0 in the least expensive cities to more than 10.0 in the country's most expensive markets. In Spring Arbor, the median household income is $58,060, 2.8 times the median home value.
Transportation Costs in Spring Arbor, Michigan
Transportation can also be a significant component of cost of living. In Spring Arbor, 68.90% of commuters drive to work, compared to 85.5% of commuters nationwide. An estimated 69.30% of workers commute to jobs outside of Spring Arbor, a larger share than the 43.7% share of commuters nationwide who live and work in different cities. The average commute in Spring Arbor is 12.6 minutes long, compared to the 26.6-minute average commute nationwide. Taking into account the cost of gas, as well as public transit and car maintenance, the EPI estimates that a single person in Spring Arbor spends $10,431 a year on transportation, more than the national average of $9,760.
Health Care Costs in Spring Arbor, Michigan
Out-of-pocket health care costs and insurance premiums — assuming at least a basic level of health insurance coverage — are closely in line with the national average in Spring Arbor but well above what they are across Michigan as a whole.
For a single adult living in the area, average health care costs come out to $4,237 per year, compared to an average of $3,455 across Michigan and $4,266 nationwide.
Child care Costs in Spring Arbor, Michigan
For families with children, child care adds thousands of dollars to overall annual spending. In Spring Arbor, the average annual cost of child care for two children — one 4 year old and one 8 year old — is $15,365, about $800 less than the comparable average of $16,173 across all of Michigan. Meanwhile, across the U.S. as a whole, childcare expenses for two children averages $15,853 per year.
Food Costs in Spring Arbor, Michigan
In Spring Arbor, a single adult spends an average of $2,859 on food annually, and a family of four spends $8,257 on average. For context, average annual food expenditure across Michigan and the U.S., respectively, are $3,026 and $3,240 for a single adult, and $8,740 and $9,354 for a family of four. These estimates are calculated for a nutritionally adequate diet of food purchased at a grocery store for at-home preparation.
Taxes in Spring Arbor, Michigan
Few expenses vary as much from city to city and town to town as taxes. Accounting for state and federal income taxes, as well as Social Security contributions and Medicare payroll taxes, the average adult working in Spring Arbor, Michigan pays $5,716 annually — closely in line with the statewide average of $5,482.
It is important to note that these calculations do not include other common taxes such as property, sales, and excise taxes. Accounting for these taxes, while excluding taxes levied at the federal level, Spring Arbor residents live in a state with a modest average tax burden. Per capita state tax collections in Michigan total $3,052 per year, compared to the $3,151 average across all states.
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