Cost of living in Bay City, Michigan

Cost of living compared to USAthe lowest
Cost of living compared to Michiganlow
Median household incomethe lowest

Is it expensive to live in Bay City, Michigan? When calculating the cost of living in Bay City, Michigan we factor in state income tax rates, average housing rental prices, average property values, cost of living index, and more.

The cost of living in Bay City, Michigan is the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Michigan, while median household income in Bay City is $38,014 which is the lowest Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Michigan.

Taxes in Bay City, Michigan

The sales tax rate in Bay City, Michigan is 6.0%. Last year, the average property taxes paid was 1.9% Bay City, Michigan.

The state income tax in the state of Michigan is 4.25%.

Housing costs in Bay City, Michigan

The average cost of a single-family home compared to USAlow
The average cost of a single-family home compared to Michiganthe lowest

In Bay City, Michigan, 68.0% of the population owns their homes, while approximately 32.0% rent. The average cost of a single-family home in Bay City, Michigan in 2022 is $159,011 which is lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Michigan. The average one-bedroom apartment cost is approximately $690 per month.

Rental Size	Monthly Cost	Compared to Michigan
1 Bedroom	$690	the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
2 Bedroom	$882	the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
3 Bedroom	$1,154	the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
4 Bedroom	$1,280	the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest

Cities Near Bay City: Essexville, Portsmouth charter township, Bangor charter township, Frankenlust township, Hampton charter township

Climate >>

Cost of living in Bay City, Michigan

Taxes in Bay City, Michigan

Housing costs in Bay City, Michigan

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