Zip 48063 (Columbus, MI) Cost of Living


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Columbus cost of living score
91.1
Less expensive
8.9% lower
than the US average
0.4% lower
than the Michigan average
Columbus (zip 48063), Michigan gets a BestPlaces Cost of Living score of 91.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 8.9% lower than the U.S. average and 0.4% higher than the average for Michigan.

Zip 48063 (Columbus, MI)

Housing costs in Columbus?
A typical home costs $327,200, which is 3.2% less expensive than the national average of $338,100 and 49.6% more expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Columbus costs $1,280 per month, which is 10.5% cheaper than the national average of $1,430 and 14.1% more than the state average of $1,100.

Can I afford Columbus?
To live comfortably in Columbus (zip 48063), Michigan, a minimum annual income of $62,640 for a family, and $40,400 for a single person is recommended.

What does A.I. say about Columbus?
The cost of living in Columbus, MI, zip code 48063 is quite reasonable compared to many other areas of the country. The median home price in this area is $179,500 which is considerably lower than the national median price of $226,800. The median monthly rent for a one-bedroom apartment is $742/month and two bedrooms apartments can be found for slightly less than $1,000/month. Groceries are also reasonably priced with an average shopping trip to stock up on groceries costing somewhere between $45-$60 depending on the store and items purchased. Additionally, the overall cost of goods and services in Columbus is 8% below the national average making it an excellent choice for those looking to save money while still having access to all they need.
   Cost of living score
     CategoriesColumbusMichiganUnited States
  91.191.5100.0
  97.593.4100
  91.184.8100.0
  104.171.2100.0
  $327,200$218,700$338,100
  99.3%100.1%100.0%
  112.1115.1100.0
  95.295.9100.0

   100=National Average

   Average Rent by Bedroom Size
Crime