Zip 48603 (Saginaw, 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 / Saginaw Metro Area / Saginaw County / No City / Saginaw (zip 48603)
How much do I need to live in Saginaw, Michigan?
$3,000 / month
for a family, 44.4% less expensive than the national average A total of $36,000 for the year for a family.
$2,633 / month
for a single person, 44.8% less expensive than the national average A total of $31,600 for the year for a single person.

Saginaw cost of living score
79.2
Less expensive
20.8% lower
than the US average
13.4% lower
than the Michigan average
Saginaw (zip 48603), 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 48603 (Saginaw, MI)

Housing costs in Saginaw?
A typical home costs $188,700, which is 44.2% less expensive than the national average of $338,100 and 13.7% less expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Saginaw costs $1,040 per month, which is 27.3% cheaper than the national average of $1,430 and 5.8% cheaper than the state average of $1,100.

Can I afford Saginaw?
To live comfortably in Saginaw (zip 48603), Michigan, a minimum annual income of $36,000 for a family, and $31,600 for a single person is recommended.

What does A.I. say about Saginaw?
Living in 48603 Saginaw, MI is surprisingly affordable. The median home price in the area is $77,600, and rental rates are quite low compared to many other cities in the United States. Additionally, the cost of food and other necessities is relatively inexpensive. Overall, living in 48603 Saginaw, MI represents a great value for those looking for an affordable place to call home.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesSaginawMichiganUnited States
    Unlock91.5100.0
  93.5  Unlock100.0
    Unlock84.8100.0
  58.6  Unlock100.0
    Unlock$218,700$338,100
  99.3  Unlock100.0
    Unlock115.1100.0
  95.1  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.