CostByCity

Cost of Living in Bay City, MI

2024 data from the Bureau of Economic Analysis

Cost Index
91.9
8.1% below avg
Housing Index
66.7
Median Income
$57,887
Median Rent
$786/mo

Cost Breakdown

Overall91.9 (-8.1%)
Housing66.7 (-33.3%)
Goods93.7 (-6.3%)
Utilities95.2 (-4.8%)
Other Services99.6 (-0.4%)

National average = 100

Income & Housing

Median Household Income
$57,887/year
Median Home Value
$125,000
Median Monthly Rent
$786/mo
Per Capita Income
$33,331/year

Compare Bay City, MI With

Bay City, MI vs Midland, MIBay City, MI vs Omaha, NEBay City, MI vs Augusta, GABay City, MI vs Fayetteville, NCBay City, MI vs Amarillo, TXBay City, MI vs Winston, NCBay City, MI vs Jackson, MIBay City, MI vs La Crosse, WIBay City, MI vs Pueblo, COBay City, MI vs Jacksonville, NC

Frequently Asked Questions

Is Bay City, MI expensive to live in?
Bay City, MI has a cost of living index of 91.9, which is 8.1% below the national average.
How much does housing cost in Bay City, MI?
Housing costs in Bay City, MI are indexed at 66.7 compared to the national average of 100. The median monthly rent is $786.
What is the average income in Bay City, MI?
The median household income in Bay City, MI is $57,887 per year.
What is the average home price in Bay City, MI?
The median home value in Bay City, MI is $125,000.