Zip 49097 (Vicksburg, MI) Cost of Living


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Vicksburg cost of living score
87.7
Less expensive
12.3% lower
than the US average
4.2% lower
than the Michigan average
Vicksburg (zip 49097), Michigan gets a BestPlaces Cost of Living score of 87.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 12.3% lower than the U.S. average and 4.2% higher than the average for Michigan.

Zip 49097 (Vicksburg, MI)

Housing costs in Vicksburg?
A typical home costs $223,400, which is 33.9% less expensive than the national average of $338,100 and 2.1% more expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Vicksburg costs $900 per month, which is 37.1% cheaper than the national average of $1,430 and 22.2% cheaper than the state average of $1,100.

Can I afford Vicksburg?
To live comfortably in Vicksburg (zip 49097), Michigan, a minimum annual income of $42,840 for a family, and $29,600 for a single person is recommended.

What does A.I. say about Vicksburg?
49097 Vicksburg, MI is an affordable place to live with a low cost of living. According to the most recent figures from the BestPlaces Bureau, the median household income in Vicksburg is $47,084 and the median home value is $141,400. The cost of living index for Vicksburg is 79.1 compared to the national average of 100, making it 21 percent lower than the national average. The median rent price in 49097 Vicksburg, MI is $864 per month and utilities are relatively low compared to other parts of the United States. Additionally, groceries are also at a reasonable rate and there are many restaurants offering delicious meals at an affordable price point. All in all, living in Vicksburg offers a great deal for its residents who enjoy a lower cost of living without sacrificing quality and convenience.
   Cost of living score
     CategoriesVicksburgMichiganUnited States
  87.791.5100.0
  94.693.4100
  91.484.8100.0
  74.871.2100.0
  $223,400$218,700$338,100
  100.9%100.1%100.0%
  100.9115.1100.0
  105.895.9100.0

   100=National Average

   Average Rent by Bedroom Size
Crime