Zip 48350 (Davisburg, MI) Cost of Living


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Davisburg cost of living score
104.9
More expensive
4.9% higher
than the US average
14.6% higher
than the Michigan average
Davisburg (zip 48350), Michigan gets a BestPlaces Cost of Living score of 104.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 4.9% higher than the U.S. average and 14.6% higher than the average for Michigan.

Zip 48350 (Davisburg, MI)

Housing costs in Davisburg?
A typical home costs $376,900, which is 11.5% more expensive than the national average of $338,100 and 72.3% more expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Davisburg costs $1,160 per month, which is 18.9% cheaper than the national average of $1,430 and 5.2% more than the state average of $1,100.

Can I afford Davisburg?
To live comfortably in Davisburg (zip 48350), Michigan, a minimum annual income of $72,360 for a family, and $36,400 for a single person is recommended.

What does A.I. say about Davisburg?
The cost of living in Davisburg, MI is very reasonable. The median home value is around $265,000, which is slightly lower than the national average. Also, the median household income in this area is around $87,800, higher than the US average. Groceries and utilities are both relatively inexpensive compared to other parts of Michigan or even the US. Sales taxes are 6%, below the national average of 7%. All these factors contribute to a low cost of living in Davisburg that makes it an attractive option for those looking for a place to call home.
   Cost of living score
     CategoriesDavisburgMichiganUnited States
  104.991.5100.0
  99.593.4100
  79.984.8100.0
  124.971.2100.0
  $376,900$218,700$338,100
  98.3%100.1%100.0%
  127.7115.1100.0
  125.095.9100.0

   100=National Average

   Average Rent by Bedroom Size
Crime