Zip 49058 (Hastings, MI) Cost of Living


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How much do I need to live in Hastings, Michigan?
$3,360 / month
for a family, 37.8% less expensive than the national average A total of $40,320 for the year for a family.
$2,400 / month
for a single person, 49.7% less expensive than the national average A total of $28,800 for the year for a single person.

Hastings cost of living score
94.2
Less expensive
5.8% lower
than the US average
3.0% higher
than the Michigan average
Hastings (zip 49058), Michigan gets a BestPlaces Cost of Living score of 94.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 5.8% lower than the U.S. average and 3.0% lower than the average for Michigan.

Zip 49058 (Hastings, MI)

Housing costs in Hastings?
A typical home costs $210,100, which is 37.9% less expensive than the national average of $338,100 and 3.9% less expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Hastings costs $880 per month, which is 20.0% cheaper than the national average of $1,100 and 33.0% cheaper than the state average of $1,170.

Can I afford Hastings?
To live comfortably in Hastings (zip 49058), Michigan, a minimum annual income of $40,320 for a family, and $28,800 for a single person is recommended.

What does A.I. say about Hastings?
Living in 49058 Hastings, MI is quite affordable due to the low cost of living. The cost of housing is very reasonably priced with a median home value of $133,100 and average rent of $791 per month. Other necessities such as utilities, groceries, and health care are also quite affordable. Additionally, taxes are relatively low in the area which contributes to the overall low cost of living.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesHastingsMichiganUnited States
    Unlock91.5100.0
  93.7  Unlock100.0
    Unlock84.8100.0
  64.9  Unlock100.0
    Unlock$218,700$338,100
  99.1  Unlock100.0
    Unlock115.1100.0
  99.9  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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