Cost of Living in Bay County, MI

What does it cost to live in Bay County? Income, housing, and affordability breakdown.

Median Income

$57,887

Median Rent

$786/mo

Median Home

$125,000

Affordability

569

Housing Cost Breakdown

Owning (20% down, 6.5%)

Mortgage (P&I)$632
Property Tax$174
Insurance$42

Total Monthly$848
% of Income17.6%

Renting

Median Rent$786
Renter's Insurance$25

Total Monthly$811
% of Income16.3%

Living in Bay County, Michigan

Bay County has a median household income of $57,887 with housing costs that represent 17.6% of income for owners and 16.3% for renters. Housing costs are within the recommended 30% of income threshold.

The affordability index of 569 (100 = median income perfectly covers median housing costs) gives a quick snapshot. Use our calculator for a comprehensive comparison across counties, including taxes, utilities, healthcare, and commute costs.

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Other Counties in Michigan

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: Bureau of Labor Statistics, Bureau of Economic Analysis. Estimates are county-level medians. This is not financial advice.