Deerfield, Michigan

Cost of living in Deerfield, Michigan

  • Cost of living compated to USAthe lowest
  • Cost of living compared to Michiganlow
  • Median household incomehigh

Is it expensive to live in Deerfield, Michigan? When calculating the cost of living in Deerfield, Michigan we factor in state income tax rates, average housing rental prices, average property values, cost of living index, and more.

The cost of living in Deerfield, Michigan is the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Michigan, while median household income in Deerfield is $68,472 which is high Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Michigan.

Taxes in Deerfield, Michigan

The sales tax rate in Deerfield, Michigan is 6.0%. Last year, the average property taxes paid was 1.6% Deerfield, Michigan.

The state income tax in the state of Michigan is 4.25%.

Housing costs in Deerfield, Michigan

  • The average cost of a single-family home compated to USAmoderate
  • The average cost of a single-family home compated to Michiganmoderate

In Deerfield, Michigan, 84% of the population owns their homes, while approximately 16% rent. The average cost of a single-family home in Deerfield, Michigan in 2022 is $204,760 which is moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Michigan. The average one-bedroom apartment cost is approximately $690 per month.

Rental SizeMonthly CostCompared to Michigan
1 Bedroom$690lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
2 Bedroom$900moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
3 Bedroom$1,180moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
4 Bedroom$1,440highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest