Zip 49202 (Jackson, MI) Cost of Living


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Jackson cost of living score
85.3
Less expensive
14.7% lower
than the US average
6.8% lower
than the Michigan average
Jackson (zip 49202), Michigan gets a BestPlaces Cost of Living score of 85.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 14.7% lower than the U.S. average and 6.8% higher than the average for Michigan.

Zip 49202 (Jackson, MI)

Housing costs in Jackson?
A typical home costs $109,200, which is 67.7% less expensive than the national average of $338,100 and 50.1% less expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Jackson costs $990 per month, which is 10.0% cheaper than the national average of $1,100 and close to the state average of $990.

Can I afford Jackson?
To live comfortably in Jackson (zip 49202), Michigan, a minimum annual income of $20,880 for a family, and $33,600 for a single person is recommended.

What does A.I. say about Jackson?
The cost of living in 49202 Jackson, MI is quite affordable. The median home value is around $86,200, which is much lower than the national average. Besides that, transportation and health care costs are also lower than the national average. The sales tax rate in this area is 6%, which is slightly higher than the national average. Groceries and utility costs are also lower than the national average, making it a great option for people looking to save money on their living expenses.
   Cost of living score
     CategoriesJacksonMichiganUnited States
  85.391.5100.0
  90.693.4100
  92.384.8100.0
  29.971.2100.0
  $109,200$218,700$338,100
  100.5%100.1%100.0%
  90.4115.1100.0
  88.395.9100.0

   100=National Average

   Average Rent by Bedroom Size
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