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Michigan Yearly Expenses
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Multi-State
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US-175-AZ
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How to fill out Yearly Expenses?
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FAQ
The average cost of attendance at any 4-year institution is $35,331. The average cost of tuition at any 4-year institution is $28,775. At public 4-year institutions, the average in-state tuition and required fees total $9,349 per year; out-of-state tuition and fees average $27,023.
The typical renter in Michigan spends $850 a month on housing, $173 less than the $1,023 national median monthly rent. Monthly rent for a one-bedroom in the state is $672, while the typical rent for a unit with five or more bedrooms is $1,187.
Average Cost Of Living In Michigan The Great Lakes State has a pretty low cost of living overall, coming in at 89.6, which means the cost of living in Michigan is around 11% below the national average.
Annual Costs University of Michigan tuition is $15,520 per year for in-state residents. This is 108% more expensive than the national average public four year tuition of $7,459. The cost is 24% cheaper than the average Michigan tuition of $20,483 for 4 year colleges.
The cost of living in Michigan is slightly lower than the national average, making it an affordable place to live. The average rent for a studio apartment is around $600 per month, while a one-bedroom costs an average of $700 in the state.
Nationally, Michigan ranks fourth among states for the lowest cost of living, at about 10% below the national average, with communities like Detroit and Grand Rapids also ranking among the top regions internationally for housing affordability.
Residents of Michigan pay an annual total price of $29,230 to attend Michigan State University on a full time basis. This fee is comprised of $14,460 for tuition, $10,522 room and board, $1,154 for books and supplies and $0 for other fees.
At the University of Michigan's Ann Arbor campus, estimated tuition and fees for the 2019-2020 school year is $15,558 for in-state freshmen and sophomores and $17,522 for in-state juniors and seniors. But for out-of-state students these costs are $51,200 for freshmen and sophomores and $54,794 for juniors and seniors.
Nationally, Michigan ranks fourth among states for the lowest cost of living, at about 10% below the national average, with communities like Detroit and Grand Rapids also ranking among the top regions internationally for housing affordability.
4 Year Sticker Price Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at University of Michigan to be $125,936 - assuming graduation in normal time.
