Zip 48623 (Freeland, MI) Cost of Living


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United States / Michigan / Saginaw Metro Area / Saginaw County / No City / Freeland (zip 48623)
How much do I need to live in Freeland, Michigan?
$3,780 / month
for a family, 30.0% less expensive than the national average A total of $45,360 for the year for a family.
$2,833 / month
for a single person, 40.6% less expensive than the national average A total of $34,000 for the year for a single person.

Freeland cost of living score
79.2
Less expensive
20.8% lower
than the US average
13.4% lower
than the Michigan average
Freeland (zip 48623), 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 48623 (Freeland, MI)

Housing costs in Freeland?
A typical home costs $237,200, which is 29.8% less expensive than the national average of $338,100 and 8.5% more expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Freeland costs $1,110 per month, which is 22.4% cheaper than the national average of $1,430 and close to the state average of $1,100.

Can I afford Freeland?
To live comfortably in Freeland (zip 48623), Michigan, a minimum annual income of $45,360 for a family, and $34,000 for a single person is recommended.

What does A.I. say about Freeland?
48623 Freeland, MI is an affordable place to live. The cost of living in this area is lower than the national average, making it a great choice for those on a budget. The median home price in 48623 Freeland, MI is around $140,000 which is quite reasonable. Other costs such as groceries, transportation, and utilities are relatively inexpensive when compared to other areas. Additionally, taxes are low as the area does not have a city income tax. With all things considered, 48623 Freeland is an excellent place to live with a cost of living that won't break the bank.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesFreelandMichiganUnited States
    Unlock91.5100.0
  94.6  Unlock100.0
    Unlock84.8100.0
  74.0  Unlock100.0
    Unlock$218,700$338,100
  99.0  Unlock100.0
    Unlock115.1100.0
  95.1  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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