Zip 49886 (Spalding, MI) Cost of Living


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Spalding cost of living score
79.9
Less expensive
20.1% lower
than the US average
12.7% lower
than the Michigan average
Spalding (zip 49886), Michigan gets a BestPlaces Cost of Living score of 79.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 20.1% lower than the U.S. average and 12.7% higher than the average for Michigan.

Zip 49886 (Spalding, MI)

Housing costs in Spalding?
A typical home costs $126,500, which is 62.6% less expensive than the national average of $338,100 and 42.2% less expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Spalding costs $830 per month, which is 42.0% cheaper than the national average of $1,430 and 32.5% cheaper than the state average of $1,100.

Can I afford Spalding?
To live comfortably in Spalding (zip 49886), Michigan, a minimum annual income of $24,120 for a family, and $27,600 for a single person is recommended.

What does A.I. say about Spalding?
The cost of living in 49886 Spalding, MI is relatively low compared to other cities and states. According to the most recent data, the cost of living in this area is about 8% lower than the national average. The housing costs are especially low, with a median home price of around $75,000, making it a very affordable option for those looking for an affordable place to live. Additionally, groceries and healthcare tend to be much cheaper than in other parts of the country. This makes it an ideal choice for families looking for an affordable place to call home.
   Cost of living score
     CategoriesSpaldingMichiganUnited States
  79.991.5100.0
  90.293.4100
  121.984.8100.0
  29.771.2100.0
  $126,500$218,700$338,100
  116.5%100.1%100.0%
  87.6115.1100.0
  77.895.9100.0

   100=National Average

   Average Rent by Bedroom Size
Crime