Cost of Living in Saginaw, MI

Saginaw, MI — prices, rents and what jobs really pay here after taxes.

Price level
90.9
U.S. average = 100 · #273 of 387
Median wage
$46,200
all jobs · $3,132/mo take-home
1-bedroom rent
$851
HUD fair market rent

Salary comparison calculator

What would you need to earn in Saginaw, MI to keep the same lifestyle — after taxes — as in another city?

Cost of living calculator

Uses BEA price levels plus 2026 federal and state taxes in each city's state.

Salary needed to keep your lifestyle
—

    Prices in Saginaw, MI vs. the U.S. average

    CategoryIndex (U.S. = 100)Difference
    All items90.9−9.1%
    Housing63.6−36.4%
    Goods93.7−6.3%
    Utilities95.8−4.2%
    Other services99.6−0.4%

    Source: BEA Regional Price Parities, 2024.

    Rent in Saginaw, MI

    UnitMonthly rentIncome needed (30% rule)
    Studio$770$30,800/yr
    1 bedroom$851$34,040/yr
    2 bedrooms$1,117$44,680/yr
    3 bedrooms$1,440$57,600/yr
    4 bedrooms$1,479$59,160/yr

    HUD Fair Market Rents, FY2026, population-weighted across the metro's counties.

    Take-home pay in Saginaw, MI

    Paycheck in Saginaw, MI
    Deductions, kids & local tax

    2026 tax year. Federal brackets from IRS Rev. Proc. 2025-32.

    Your take-home pay
    $37,589
    per year · effective tax rate 18.6%
    $3,132Monthly
    $1,566Twice a month
    $1,446Every 2 weeks
    $18.07Hourly
    • Federal income tax$3,364
    • Social Security (6.2%)$2,864
    • Medicare (1.45%)$670
    • Michigan income tax$1,713
    • Take-home pay$37,589

    Marginal rate: 12% federal + 4.25% state

    Highest-paying jobs in Saginaw, MI

    JobMedian salaryTake-homeReal value*
    Registered Nurse$95,160$71,982$79,195
    General and Operations Manager$81,950$63,250$69,589
    Accountant and Auditor$76,310$59,522$65,487
    Elementary School Teachers, Except Special Education$73,810$57,869$63,669
    Secondary School Teachers, Except Special and Career/Technical Education$66,300$52,885$58,185
    Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products$64,970$51,873$57,072
    First-Line Supervisor of Office and Administrative Support Workers$61,910$49,544$54,510
    Machinist$52,360$42,277$46,514
    Heavy and Tractor-Trailer Truck Driver$50,200$40,633$44,705
    Construction Laborer$49,000$39,720$43,700
    Automotive Service Technician and Mechanic$47,320$38,441$42,294
    Bookkeeping, Accounting, and Auditing Clerks$46,480$37,802$41,591
    Maintenance and Repair Workers, General$45,620$37,148$40,870
    First-Line Supervisor of Retail Sales Workers$45,400$36,980$40,686
    Secretaries and Administrative Assistants, Except Legal, Medical, and Executive$44,560$36,341$39,983
    Light Truck Driver$44,360$36,189$39,816
    Office Clerks, General$43,610$35,618$39,188
    Miscellaneous Assembler and Fabricator$42,610$34,857$38,350
    Shipping, Receiving, and Inventory Clerks$42,350$34,659$38,133
    Medical Assistant$41,330$33,883$37,279

    *In U.S.-average dollars after adjusting for local prices.

    Frequently asked questions

    Is Saginaw, MI expensive to live in?

    According to the Bureau of Economic Analysis, overall prices in the Saginaw, MI metro area are 90.9% of the U.S. average, with housing at 63.6%. It is the #273 most expensive of 387 metro areas we track.

    What salary do you need to live in Saginaw, MI?

    To match the buying power of a $60,000 salary in an average-priced U.S. city you would need about $54,535 in Saginaw, MI (before tax differences). The median wage across all jobs here is $46,200.

    How much is rent in Saginaw, MI?

    HUD’s FY2026 fair market rents for Saginaw, MI are $770 for a studio, $851 for one bedroom, $1,117 for two bedrooms and $1,440 for three bedrooms, including utilities.

    All salaries in Saginaw, MI

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