Zip 48616 (Chesaning, MI) Cost of Living


0 Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
United States / Michigan / Saginaw Metro Area / Saginaw County / No City / Chesaning (zip 48616)
How much do I need to live in Chesaning, Michigan?
$2,580 / month
for a family, 52.2% less expensive than the national average A total of $30,960 for the year for a family.
$2,133 / month
for a single person, 55.3% less expensive than the national average A total of $25,600 for the year for a single person.

Chesaning cost of living score
79.2
Less expensive
20.8% lower
than the US average
13.4% lower
than the Michigan average
Chesaning (zip 48616), Michigan gets a BestPlaces Cost of Living score of 79.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 20.8% lower than the U.S. average and 13.4% higher than the average for Michigan.

Zip 48616 (Chesaning, MI)

Housing costs in Chesaning?
A typical home costs $161,900, which is 52.1% less expensive than the national average of $338,100 and 26.0% less expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Chesaning costs $850 per month, which is 40.6% cheaper than the national average of $1,430 and 29.4% cheaper than the state average of $1,100.

Can I afford Chesaning?
To live comfortably in Chesaning (zip 48616), Michigan, a minimum annual income of $30,960 for a family, and $25,600 for a single person is recommended.

What does A.I. say about Chesaning?
equestId:2979fe96-2965-4c9c-a8d9-79e7d60d8643,resource:content,data:[{id:txt_ed7e74d90405422da1d951db8f4be187,text:\n \n48616 Chesaning, MI is an affordable place to live. It has a cost of living that is below the national average, which means it's a great option for those looking to save money. The median home value in the area is approximately $119,000 and the median rental rate is around $727 per month. The city also offers low food costs at an average of 11% below the national average, and utilities are similarly budget-friendly with an index of just 11.7%. Overall, 48616 Chesaning, MI offers residents an excellent cost of living that will help them save money while still enjoying all that the area has to offer.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesChesaningMichiganUnited States
    Unlock91.5100.0
  92.6  Unlock100.0
    Unlock84.8100.0
  49.9  Unlock100.0
    Unlock$218,700$338,100
  100.8  Unlock100.0
    Unlock115.1100.0
  95.1  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.