Housing costs in Bay City?
A typical home costs
$98,900, which is 70.7% less expensive than the national average of
$338,100 and 54.8% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Bay City costs
$850 per month, which is 22.7% cheaper than the national average of
$1,100 and 3.5% cheaper than the state average of
$880.
Can I afford Bay City?
To live comfortably in Bay City (zip 48708), Michigan, a minimum annual income of
$19,080 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Bay City?
The cost of living in 48708 Bay City, MI is relatively low compared to other areas of the United States. According to BestPlaces, the cost of living index in Bay City is 85.71, which is 15% lower than the national average. The housing index is 63.33, which is 37% lower than the national average. This makes it a great option for those who are looking for an affordable place to live. In addition, groceries and transportation costs are also relatively inexpensive in Bay City, making it an attractive option for those on a budget.