CostByCity

Cost of Living in Saginaw, MI

2024 data from the Bureau of Economic Analysis

Cost Index
90.9
9.1% below avg
Housing Index
63.6
Median Income
$56,579
Median Rent
$876/mo

Cost Breakdown

Overall90.9 (-9.1%)
Housing63.6 (-36.4%)
Goods93.7 (-6.3%)
Utilities95.8 (-4.2%)
Other Services99.6 (-0.4%)

National average = 100

Income & Housing

Median Household Income
$56,579/year
Median Home Value
$131,100
Median Monthly Rent
$876/mo
Per Capita Income
$32,839/year

Compare Saginaw, MI With

Saginaw, MI vs Fargo, NDSaginaw, MI vs Clarksville, TNSaginaw, MI vs Erie, PASaginaw, MI vs College Station, TXSaginaw, MI vs Mankato, MNSaginaw, MI vs Rochester, MNSaginaw, MI vs Baton Rouge, LASaginaw, MI vs Bismarck, NDSaginaw, MI vs Spartanburg, SCSaginaw, MI vs Staunton, VA

Frequently Asked Questions

Is Saginaw, MI expensive to live in?
Saginaw, MI has a cost of living index of 90.9, which is 9.1% below the national average.
How much does housing cost in Saginaw, MI?
Housing costs in Saginaw, MI are indexed at 63.6 compared to the national average of 100. The median monthly rent is $876.
What is the average income in Saginaw, MI?
The median household income in Saginaw, MI is $56,579 per year.
What is the average home price in Saginaw, MI?
The median home value in Saginaw, MI is $131,100.