Zip 49348 (Wayland, MI) Cost of Living


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Wayland cost of living score
93.1
Less expensive
6.9% lower
than the US average
1.7% higher
than the Michigan average
Wayland (zip 49348), Michigan gets a BestPlaces Cost of Living score of 93.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 6.9% lower than the U.S. average and 1.7% lower than the average for Michigan.

Zip 49348 (Wayland, MI)

Housing costs in Wayland?
A typical home costs $281,200, which is 16.8% less expensive than the national average of $338,100 and 28.6% more expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Wayland costs $1,140 per month, which is 3.6% more than the national average of $1,100 and 14.9% more than the state average of $970.

Can I afford Wayland?
To live comfortably in Wayland (zip 49348), Michigan, a minimum annual income of $54,000 for a family, and $34,800 for a single person is recommended.

What does A.I. say about Wayland?
The cost of living in 49348 Wayland, MI is relatively affordable compared to most areas in the state. The median home value is around $155,500, which is slightly below the average for Michigan, and property taxes are on the lower side as well. Additionally, groceries and healthcare costs are both well below national averages, and utility prices are also quite reasonable. All in all, the cost of living in Wayland is very affordable for both individuals and families looking to relocate to the area.
   Cost of living score
     CategoriesWaylandMichiganUnited States
  93.191.5100.0
  96.193.4100
  92.884.8100.0
  87.371.2100.0
  $281,200$218,700$338,100
  100.9%100.1%100.0%
  102.9115.1100.0
  89.995.9100.0

   100=National Average

   Average Rent by Bedroom Size
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