Zip 48724 (Carrollton, MI) Cost of Living


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United States / Michigan / Saginaw Metro Area / Saginaw County / No City / Carrollton (zip 48724)
How much do I need to live in Carrollton, Michigan?
$990 / month
for a family, 81.7% less expensive than the national average A total of $11,880 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.

Carrollton cost of living score
79.2
Less expensive
20.8% lower
than the US average
13.4% lower
than the Michigan average
Carrollton (zip 48724), 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.

Zip 48724 (Carrollton, MI)

Housing costs in Carrollton?
A typical home costs $62,600, which is 81.5% less expensive than the national average of $338,100 and 71.4% less expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Carrollton 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 Carrollton?
To live comfortably in Carrollton (zip 48724), Michigan, a minimum annual income of $11,880 for a family, and $30,000 for a single person is recommended.

What does A.I. say about Carrollton?
The cost of living in Carrollton, MI is slightly above the national average. The median home value is around $75,000 and the median rent stands at $780 per month. The cost of living index in the city is 95.3 which means it's slightly more expensive than the U.S. average. Groceries, transportation, utilities, and health care all cost slightly more than the U.S. average as well. It's important to note that although Carrollton, MI may be slightly more expensive than other cities across the country, it has a low unemployment rate and plenty of job opportunities for its residents.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesCarrolltonMichiganUnited States
    Unlock91.5100.0
  90.7  Unlock100.0
    Unlock84.8100.0
  20.9  Unlock100.0
    Unlock$218,700$338,100
  99.6  Unlock100.0
    Unlock115.1100.0
  95.1  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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