Bay View, MI Cost of Living


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United States / Michigan / No Metro Area / Emmet County / Bay View / Zip Codes
How much do I need to live in Bay View, Michigan?
$5,400 / month
for a family, 0.0% more expensive than the national average A total of $64,800 for the year for a family.
$2,533 / month
for a single person, 46.9% less expensive than the national average A total of $30,400 for the year for a single person.

Bay View cost of living score
91.5
Less expensive
8.5% lower
than the US average
0.0% lower
than the Michigan average
Bay View, Michigan gets a BestPlaces Cost of Living score of 91.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 8.5% lower than the U.S. average and 0.0% lower than the average for Michigan.

Bay View, MI

Housing costs in Bay View?
A typical home costs $338,400, which is 0.1% more expensive than the national average of $338,100 and 54.7% more expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Bay View costs $990 per month, which is 30.8% cheaper than the national average of $1,430 and 11.1% cheaper than the state average of $1,100.

Can I afford Bay View?
To live comfortably in Bay View, Michigan, a minimum annual income of $64,800 for a family, and $30,400 for a single person is recommended.

What does A.I. say about Bay View?
Bay View, MI is an affordable place to live with a cost of living index that is slightly lower than the national average. Groceries and healthcare costs are both relatively inexpensive, while utility costs are average for the area. Home prices in Bay View tend to be quite reasonable compared to other parts of Michigan, with median home values being around $100,000. Rent prices also tend to be more affordable than nearby cities, making it a great option for those looking for a comfortable and budget-friendly place to call home.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesBay ViewMichiganUnited States
    Unlock91.5100.0
  95.2  Unlock100.0
    Unlock84.8100.0
  87.0  Unlock100.0
    Unlock$218,700$338,100
  98.8  Unlock100.0
    Unlock115.1100.0
  110.3  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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