Zip 48809 (Belding, MI) Cost of Living


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United States / Michigan / No Metro Area / Ionia County / Belding / Belding (zip 48809)
How much do I need to live in Belding, Michigan?
$3,210 / month
for a family, 40.6% less expensive than the national average A total of $38,520 for the year for a family.
$2,500 / month
for a single person, 47.6% less expensive than the national average A total of $30,000 for the year for a single person.

Belding cost of living score
84.6
Less expensive
15.4% lower
than the US average
7.5% lower
than the Michigan average
Belding (zip 48809), Michigan gets a BestPlaces Cost of Living score of 84.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 15.4% lower than the U.S. average and 7.5% higher than the average for Michigan.

Zip 48809 (Belding, MI)

Housing costs in Belding?
A typical home costs $200,900, which is 40.6% less expensive than the national average of $338,100 and 8.1% less expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Belding costs $990 per month, which is 30.8% cheaper than the national average of $1,430 and 11.1% cheaper than the state average of $1,100.

Can I afford Belding?
To live comfortably in Belding (zip 48809), Michigan, a minimum annual income of $38,520 for a family, and $30,000 for a single person is recommended.

What does A.I. say about Belding?
Living in 48809 Belding, MI is quite affordable compared to many other areas throughout the country. The median home value for this area is approximately $102,400, which is a great and attainable price for most families. Additionally, the cost of living index in Belding is about 19 points lower than the US average, allowing residents to stretch their paychecks farther than other areas. Groceries and utilities are very reasonable as well, making it possible to keep more money in your pocket. With its low cost of living and ample amenities, it's easy to see why so many people choose to call this city home!
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesBeldingMichiganUnited States
    Unlock91.5100.0
  93.2  Unlock100.0
    Unlock84.8100.0
  58.9  Unlock100.0
    Unlock$218,700$338,100
  103.7  Unlock100.0
    Unlock115.1100.0
  83.0  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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