Housing costs in Bay City?
A typical home costs
$92,600, which is 72.6% less expensive than the national average of
$338,100 and 57.7% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Bay City costs
$880 per month, which is 38.5% cheaper than the national average of
$1,430 and 25.0% cheaper than the state average of
$1,100.
Can I afford Bay City?
To live comfortably in Bay City, Michigan, a minimum annual income of
$17,640 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about Bay City?
Bay City, MI is an affordable place to live compared to many other cities in the United States. The cost of living index is 14.7% lower than the national average. Housing costs are very reasonable for both rentals and purchasing property, with the median home price being $93,100 and a median rent of $646 per month. Utility costs are also comparatively low compared to much of the rest of the country. Groceries, transportation, and healthcare costs are also below the national average, making Bay City a great option for those looking for an affordable place to call home.