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Cost of Living in Parchment, MI

77.7
Very Affordable · National average is 100

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$60,223
Median Income
$932/mo
Median Rent
$158,500
Median Home
2,041
Population

Cost Breakdown

🏠Housing
85
0Nat'l Avg (100)200
🛒Groceries
81.5
0Nat'l Avg (100)200
🚗Transportation
69.8
0Nat'l Avg (100)200
🏥Healthcare
76.6
0Nat'l Avg (100)200
Utilities
76.5
0Nat'l Avg (100)200

Fair Market Rents (HUD)

Some values estimated
Studio1 BR2 BR3 BR4 BR
$727
est.
$820
est.
$932$1,193
est.
$1,361
est.

Est. values are derived from the census median rent using national HUD bedroom ratios. Actual HUD Fair Market Rents may differ.

Nearby Cities

Compare Parchment with cities in the area