Zip 49073 (Nashville, MI) Cost of Living


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Nashville cost of living score
94.2
Less expensive
5.8% lower
than the US average
3.0% higher
than the Michigan average
Nashville (zip 49073), 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 49073 (Nashville, MI)

Housing costs in Nashville?
A typical home costs $167,300, which is 50.5% less expensive than the national average of $338,100 and 23.5% less expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Nashville costs $910 per month, which is 36.4% cheaper than the national average of $1,430 and 20.9% cheaper than the state average of $1,100.

Can I afford Nashville?
To live comfortably in Nashville (zip 49073), Michigan, a minimum annual income of $32,040 for a family, and $29,600 for a single person is recommended.

What does A.I. say about Nashville?
The cost of living in 49073 Nashville, MI is relatively low compared to other places in Michigan. According to a recent survey, the median home value in this zip code is $80,362 and the median rent price is $726. Property taxes are also quite low at approximately 1.14% of the property’s assessed fair market value. Additionally, groceries are inexpensive with prices that are about 10% lower than the national average. The overall cost of living index for 49073 Nashville is 81, which is 19 points lower than the U.S. average of 100 and makes it an attractive spot for people looking for an affordable place to live.
   Cost of living score
     CategoriesNashvilleMichiganUnited States
  94.291.5100.0
  92.393.4100
  91.284.8100.0
  49.571.2100.0
  $167,300$218,700$338,100
  99.1%100.1%100.0%
  114.6115.1100.0
  99.995.9100.0

   100=National Average

   Average Rent by Bedroom Size
Crime