Zip 48732 (Essexville, MI) Cost of Living


0 Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
United States / Michigan / Bay City Metro Area / Bay County / No City / Essexville (zip 48732)
How much do I need to live in Essexville, Michigan?
$2,400 / month
for a family, 55.6% less expensive than the national average A total of $28,800 for the year for a family.
$2,200 / month
for a single person, 53.8% less expensive than the national average A total of $26,400 for the year for a single person.

Essexville cost of living score
81.8
Less expensive
18.2% lower
than the US average
10.6% lower
than the Michigan average
Essexville (zip 48732), Michigan gets a BestPlaces Cost of Living score of 81.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 18.2% lower than the U.S. average and 10.6% higher than the average for Michigan.

Zip 48732 (Essexville, MI)

Housing costs in Essexville?
A typical home costs $150,400, which is 55.5% less expensive than the national average of $338,100 and 31.2% less expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Essexville costs $850 per month, which is 40.6% cheaper than the national average of $1,430 and 29.4% cheaper than the state average of $1,100.

Can I afford Essexville?
To live comfortably in Essexville (zip 48732), Michigan, a minimum annual income of $28,800 for a family, and $26,400 for a single person is recommended.

What does A.I. say about Essexville?
The cost of living in 48732 Essexville, MI is slightly higher than the national average. The median home value in Essexville is around $164,000, while the median household income is around $44,000. Groceries and other essentials are likely to be more expensive than in other parts of the country, but the area does have some nice amenities such as good schools and a small-town atmosphere. Property taxes are also higher than the national average due to the state's tax laws. All in all, it's a great place to live for those who can afford it.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesEssexvilleMichiganUnited States
    Unlock91.5100.0
  90.7  Unlock100.0
    Unlock84.8100.0
  50.4  Unlock100.0
    Unlock$218,700$338,100
  95.5  Unlock100.0
    Unlock115.1100.0
  98.1  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.