Zip 48095 (Washington, MI) Cost of Living


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Washington cost of living score
97.9
Less expensive
2.1% lower
than the US average
7.0% higher
than the Michigan average
Washington (zip 48095), Michigan gets a BestPlaces Cost of Living score of 97.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 2.1% lower than the U.S. average and 7.0% lower than the average for Michigan.

Zip 48095 (Washington, MI)

Housing costs in Washington?
A typical home costs $418,300, which is 23.7% more expensive than the national average of $338,100 and 91.3% more expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Washington costs $1,030 per month, which is 28.0% cheaper than the national average of $1,430 and 6.8% cheaper than the state average of $1,100.

Can I afford Washington?
To live comfortably in Washington (zip 48095), Michigan, a minimum annual income of $80,280 for a family, and $32,400 for a single person is recommended.

What does A.I. say about Washington?
The cost of living in 48095 Washington, MI is fairly low compared to some other areas in the state and around the country. The median home value is just over $169,000 and the median household income is about $68,000 per year. While this may seem like a relatively high median household income for the area, it’s still far lower than other parts of Michigan and the country at large. This relative affordability makes living in 48095 Washington a great option for those looking to move or relocate without breaking their budget. There are plenty of stores, restaurants, and other businesses nearby that keep prices low while still providing quality goods and services.
   Cost of living score
     CategoriesWashingtonMichiganUnited States
  97.991.5100.0
  101.693.4100
  80.484.8100.0
  148.571.2100.0
  $418,300$218,700$338,100
  99.3%100.1%100.0%
  131.6115.1100.0
  109.595.9100.0

   100=National Average

   Average Rent by Bedroom Size
Crime