- Sales tax rate: 6%
- Cost of a T-bone steak: $11.99
- Cost of a dozen eggs: $2.00
- Cost of a pizza: $10.00
- Cost of a haircut: $15.00
4. Lansing, MI
It’s a good thing residents of Lansing, MI, save money on housing, groceries and other living expenses because this city offers a wealth of entertainment options. Luckily, there’s great value to be found in the many things to do in Lansing, the fourth city on our list of the Best Affordable Places to Live.
The cost of living in Lansing is 8 percent below the national average, according to The Council of Community and Economic Research. With a median home value of $85,000, houses in Lansing are nearly 33 percent below what they are in most major cities. Residents also enjoy low transportation costs, typically spending less than 18 percent of their monthly salaries on car payments and gas. Living in Michigan also brings the advantage of having a flat-rate individual income tax of 4.33 percent.
Things to Do in Lansing
Home to Michigan State University, Lansing’s economy is anchored by auto manufacturing, health care, insurance and education. The city provides residents with bargains when it comes to entertainment, shopping and education. With many restaurants, bars and music venues catering to the college crowd, residents can easily find great deals. Lansing City Market, which overlooks the Grand River in downtown, provides a lively setting for residents to procure farm fresh produce, artwork and crafts. Bike trails, walking paths and gardens tempt outdoor lovers to engage in the recreational activities Lansing offers. Kayakers are often seen paddling through town.