Housing costs in Saginaw?
A typical home costs
$66,400, which is 80.4% less expensive than the national average of
$338,100 and 69.6% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Saginaw costs
$880 per month, which is 20.0% cheaper than the national average of
$1,100 and 5.7% cheaper than the state average of
$930.
Can I afford Saginaw?
To live comfortably in Saginaw (zip 48602), Michigan, a minimum annual income of
$12,600 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Saginaw?
The cost of living in Saginaw, MI is fairly reasonable. The overall cost of living index for the area is 83.1, which is lower than the national average of 100. Housing costs are especially low; the median home value in Saginaw is $76,700 and the median monthly rent is $643. Groceries, healthcare, and transportation are also slightly less expensive than average in this area. All these factors help make Saginaw an attractive location for those looking to save money while maintaining a good quality of life.