Cost of Living: Saginaw, MI vs New York, NY
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,268/mo in Saginaw, MI versus $4,116/mo in New York, NY. In the model, rent is about 13.25% of gross in Saginaw, MI versus 25.92% in New York, NY, so Saginaw, MI tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Saginaw, MI and New York, NY.
At a glance
- Cheaper overall (lower cost-of-living index): Saginaw, MI
- Lower rent (median 1BR/2BR): Saginaw, MI
- Lower home prices: Saginaw, MI
- Higher median household income: New York, NY
Cost of Living Index
Saginaw, MI: 100 (U.S. = 100) · New York, NY: 168.2 (U.S. = 100)
Saginaw, MI has a lower cost-of-living index than New York, NY, so a given salary generally stretches further there.
Median Rent
Saginaw, MI: $864/mo (midpoint of 1BR/2BR) · New York, NY: $1,690/mo
Median rent in New York, NY is $826/mo higher than in Saginaw, MI.
Median Home Price
Saginaw, MI: $54,000 · New York, NY: $751,700
Median home price in New York, NY is $697,700 higher than in Saginaw, MI.
Median Household Income
Saginaw, MI: $37,298 · New York, NY: $79,713
New York, NY has a higher median household income than Saginaw, MI by $42,415.
Saginaw, MI overview · New York, NY overview · Popular comparisons