Zip 48444 (Imlay City, MI) Cost of Living


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Imlay City cost of living score
96
Less expensive
4.0% lower
than the US average
4.9% higher
than the Michigan average
Imlay City (zip 48444), Michigan gets a BestPlaces Cost of Living score of 96, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 4.0% lower than the U.S. average and 4.9% lower than the average for Michigan.

Zip 48444 (Imlay City, MI)

Housing costs in Imlay City?
A typical home costs $231,400, which is 31.6% less expensive than the national average of $338,100 and 5.8% more expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Imlay City costs $970 per month, which is 11.8% cheaper than the national average of $1,100 and 25.8% cheaper than the state average of $1,220.

Can I afford Imlay City?
To live comfortably in Imlay City (zip 48444), Michigan, a minimum annual income of $44,280 for a family, and $30,400 for a single person is recommended.

What does A.I. say about Imlay City?
The cost of living in Imlay City, MI (zip code 48444) is slightly below the national average. According to BestPlaces, the cost of living index rate in Imlay City is at 87 out of 100, with 100 being the national average. This means that goods and services are about 13% cheaper than they would be on average in other parts of the country. Housing is particularly affordable, with a median home price of $99,500 that is well below the national median. Utilities and transportation costs are also lower than average and there are plenty of dining and entertainment options for those looking to save a few dollars. Overall, living in Imlay City can provide residents with an excellent quality of life at an affordable cost.
   Cost of living score
     CategoriesImlay CityMichiganUnited States
  96.091.5100.0
  95.193.4100
  79.984.8100.0
  67.671.2100.0
  $231,400$218,700$338,100
  100.2%100.1%100.0%
  132.5115.1100.0
  99.195.9100.0

   100=National Average

   Average Rent by Bedroom Size
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