Zip 49548 (Wyoming, MI) Cost of Living


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How much do I need to live in Wyoming, Michigan?
$3,360 / month
for a family, 37.8% less expensive than the national average A total of $40,320 for the year for a family.
$3,000 / month
for a single person, 37.1% less expensive than the national average A total of $36,000 for the year for a single person.

Wyoming cost of living score
94.5
Less expensive
5.5% lower
than the US average
3.3% higher
than the Michigan average
Wyoming (zip 49548), Michigan gets a BestPlaces Cost of Living score of 94.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 5.5% lower than the U.S. average and 3.3% lower than the average for Michigan.

Zip 49548 (Wyoming, MI)

Housing costs in Wyoming?
A typical home costs $211,000, which is 37.6% less expensive than the national average of $338,100 and 3.5% less expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Wyoming costs $1,080 per month, which is 1.8% cheaper than the national average of $1,100 and 8.3% cheaper than the state average of $1,170.

Can I afford Wyoming?
To live comfortably in Wyoming (zip 49548), Michigan, a minimum annual income of $40,320 for a family, and $36,000 for a single person is recommended.

What does A.I. say about Wyoming?
The cost of living in 49548 Wyoming, MI is relatively low compared to other areas in the US. Rent in this area is quite affordable, and the median home price is around $109,000. Utilities are also very reasonable; on average a household pays about $117 per month for electricity and just over $90 per month for natural gas services. Groceries are slightly higher than the national average but still manageable. All in all, living in 49548 Wyoming, MI can provide an opportunity to live comfortably without breaking the bank.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesWyomingMichiganUnited States
    Unlock91.5100.0
  93.4  Unlock100.0
    Unlock84.8100.0
  64.8  Unlock100.0
    Unlock$218,700$338,100
  99.9  Unlock100.0
    Unlock115.1100.0
  101.3  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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