Saginaw Metro Area, MI Cost of Living


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United States / Michigan / Saginaw Metro Area / Counties / Cities / Zip Codes

Saginaw cost of living score
79.2
Less expensive
20.8% lower
than the US average
13.4% lower
than the Michigan average
Saginaw Michi Metro Area, Michigan gets a BestPlaces Cost of Living score of 79.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 20.8% lower than the U.S. average and 13.4% higher than the average for Michigan.

Saginaw Metro Area, MI

Housing costs in Saginaw?
A typical home costs $139,700, which is 58.7% less expensive than the national average of $338,100 and 36.1% less expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Saginaw costs $930 per month, which is 35.0% cheaper than the national average of $1,430 and 18.3% cheaper than the state average of $1,100.

Can I afford Saginaw?
To live comfortably in Saginaw Michi Metro Area, Michigan, a minimum annual income of $26,640 for a family, and $28,400 for a single person is recommended.

What does A.I. say about Saginaw?
The cost of living in the Saginaw, MI Metro Area is 79.2, which is significantly lower than the US average Cost of Living of 100. This lower cost of living makes Saginaw a great place to live and work, as housing costs are much more affordable as evidenced by the median house value in the Metro area being $139,700, compared to the national average of $338,100. Additionally, with a lower cost of living comes other savings on everyday expenses like groceries and utilities. With these savings combined with an affordable housing market, Saginaw is a very attractive city for people looking to save money while still enjoying all Michigan has to offer.
   Cost of living score
     CategoriesSaginawMichiganUnited States
  79.291.5100.0
  92.193.4100
  88.784.8100.0
  42.571.2100.0
  $139,700$218,700$338,100
  99.5%100.1%100.0%
  98.8115.1100.0
  95.195.9100.0

   100=National Average

   Average Rent by Bedroom Size
Crime