Housing costs in Saginaw?
A typical home costs
$166,500, which is 50.8% less expensive than the national average of
$338,100 and 23.9% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Saginaw costs
$920 per month, which is 35.7% cheaper than the national average of
$1,430 and 19.6% cheaper than the state average of
$1,100.
Can I afford Saginaw?
To live comfortably in Saginaw (zip 48638), Michigan, a minimum annual income of
$32,040 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Saginaw?
The cost of living in 48638 Saginaw, MI is relatively low compared to other cities. The median home price is $73,100, which is significantly lower than the national median of $180,800. Moreover, the overall cost of living index for Saginaw is 85.4, which suggests that it is 15.6% lower than the average United States cost of living index. Additionally, food costs are very reasonable with a grocery index rating of 90.2 and transportation costs are also quite low with an average commute time of just 18 minutes. All together this suggests that 48638 Saginaw, MI offers a great quality of life at a much more affordable rate than many other parts of the country.