Zip 48820 (Dewitt, MI) Cost of Living


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How much do I need to live in Dewitt, Michigan?
$4,920 / month
for a family, 8.9% less expensive than the national average A total of $59,040 for the year for a family.
$3,000 / month
for a single person, 37.1% less expensive than the national average A total of $36,000 for the year for a single person.

Dewitt cost of living score
92.5
Less expensive
7.5% lower
than the US average
1.1% higher
than the Michigan average
Dewitt (zip 48820), Michigan gets a BestPlaces Cost of Living score of 92.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 7.5% lower than the U.S. average and 1.1% lower than the average for Michigan.

Zip 48820 (Dewitt, MI)

Housing costs in Dewitt?
A typical home costs $308,700, which is 8.7% less expensive than the national average of $338,100 and 41.2% more expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Dewitt costs $1,100 per month, which is 23.1% cheaper than the national average of $1,430 and close to the state average of $1,100.

Can I afford Dewitt?
To live comfortably in Dewitt (zip 48820), Michigan, a minimum annual income of $59,040 for a family, and $36,000 for a single person is recommended.

What does A.I. say about Dewitt?
The cost of living in 48820 Dewitt, MI is quite reasonable. According to BestPlaces's Cost of Living Index, the city has an index score of 77.3 which is slightly lower than the national average (which is 100). This makes it a great place to live for those looking for affordability in their housing and other expenses. The median home price in this area is around $139,000 and the median family income is approximately $64,500, making it easy for those looking to purchase a house or apartment in the area. Additionally, there are many amenities such as grocery stores, restaurants, health care facilities and parks that make it an attractive option for families and individuals alike.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesDewittMichiganUnited States
    Unlock91.5100.0
  97.6  Unlock100.0
    Unlock84.8100.0
  97.4  Unlock100.0
    Unlock$218,700$338,100
  98.2  Unlock100.0
    Unlock115.1100.0
  110.8  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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