Housing costs in Bay City?
A typical home costs
$134,600, which is 60.2% less expensive than the national average of
$338,100 and 38.5% 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 Michi Metro Area, Michigan, a minimum annual income of
$25,920 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about Bay City?
The cost of living in the Bay City, MI Metro Area is 81.7 on a scale of 100 when compared to the US average Cost of Living. This means that things like groceries and housing are relatively less expensive than the rest of the United States. The median house value in this area is $134,600, which is less than half of the US average house value of $338,100. Overall, Bay City has a lower cost of living and more affordable housing options than most other areas in the nation.