Wyoming, Michigan

Cost of living in Wyoming, Michigan

  • Cost of living compared to USAlow
  • Cost of living compared to Michiganthe highest
  • Median household incomemoderate

Is it expensive to live in Wyoming, Michigan? When calculating the cost of living in Wyoming, 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 Wyoming, Michigan is lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Michigan, while median household income in Wyoming is $57,088 which is moderate Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Michigan.

Taxes in Wyoming, Michigan

The sales tax rate in Wyoming, Michigan is 6.0%. Last year, the average property taxes paid was 1.6% Wyoming, Michigan.

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

Housing costs in Wyoming, Michigan

  • The average cost of a single-family home compared to USAhigh
  • The average cost of a single-family home compared to Michiganhigh

In Wyoming, Michigan, 67.0% of the population owns their homes, while approximately 33.0% rent. The average cost of a single-family home in Wyoming, Michigan in 2022 is $259,561 which is highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and highAnalytics 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 $966 per month.

Rental SizeMonthly CostCompared to Michigan
1 Bedroom$966highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
2 Bedroom$1,162highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
3 Bedroom$1,514highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
4 Bedroom$1,690the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
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Pros and Cons of living in Wyoming, Michigan in reviews from users in their own words:

ProsCons
  • "It's close to a good school and has a good apartment"
  • "Life Quality and Education"
  • "too urban"
  • "Crime"