Zip 48604 (Saginaw, MI) Cost of Living


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United States / Michigan / Saginaw Metro Area / Saginaw County / No City / Saginaw (zip 48604)
How much do I need to live in Saginaw, Michigan?
$1,860 / month
for a family, 65.6% less expensive than the national average A total of $22,320 for the year for a family.
$2,600 / month
for a single person, 45.5% less expensive than the national average A total of $31,200 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 48604), 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 48604 (Saginaw, MI)

Housing costs in Saginaw?
A typical home costs $116,900, which is 65.4% less expensive than the national average of $338,100 and 46.5% less expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Saginaw costs $1,030 per month, which is 28.0% cheaper than the national average of $1,430 and 6.8% cheaper than the state average of $1,100.

Can I afford Saginaw?
To live comfortably in Saginaw (zip 48604), Michigan, a minimum annual income of $22,320 for a family, and $31,200 for a single person is recommended.

What does A.I. say about Saginaw?
The cost of living in 48604 Saginaw, MI is generally quite affordable. The median home value is around $78,000, which is lower than the national average. The median monthly rent for a one-bedroom apartment is about $575, substantially lower than other parts of the state. Grocery costs are also relatively low compared to other cities. Additionally, utilities are also on the lower side in Saginaw when compared to other areas. Despite this affordability, Saginaw still offers plenty of options for entertainment and culture, making it an attractive destination for those looking for a more affordable place to live.
   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
  90.0  Unlock100.0
    Unlock84.8100.0
  31.1  Unlock100.0
    Unlock$218,700$338,100
  99.6  Unlock100.0
    Unlock115.1100.0
  95.1  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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