Cost of Living in Springfield, MI

Population 5,295 · Michigan · Data vintage 2023

47
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

At $43,681, median household incomes in Springfield land roughly 41% below the US median, a gap that tends to persist across local labor-market indicators. Around 22% of residents live below the federal poverty line, a rate that tends to correlate with the income and housing figures above.

Geographically, Springfield is about 45 miles southwest of Lansing, the nearest large metro. Median home values run roughly 12% lower than Lansing's $119,000.

Cost Overview

Housing 35
Rent 65

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Springfield

The median home value in Springfield is $105,300 — 65% below the national median of $305,000. Median rent runs $851/month, 35% lower than the national median of $1,314/month. The median household income of $43,681/year is 41% lower than the US median of $74,580. The local unemployment rate is 10.9%, above the national average of 4.8%. Michigan's top state income tax rate is 4.3% and the combined sales tax is 6.0%. The climate averages highs of 58.5°F and lows of 40.1°F. Overall, Springfield has a cost of living index of 47 versus the US average of 100, meaning it is 53% less expensive.

🏠 Housing

Median Home Value
$105,300
65% below avg
Zillow Home Value
$221,661
Zillow ZHVI
Median Rent
$851/mo
35% below avg
Price-to-Rent Ratio
10.3x
Favors buying
Property Tax Rate
1.5%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$707
1 BR
$780
2 BR
$962
3 BR
$1,290
4 BR
$1,444
Owner-occupied 56.5%
Renter-occupied 43.5%

💰 Estimated Monthly Budget

Rent median rent
$851
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,465/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
19.0 min
30% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
0.2%

Commute Mode

Drove alone
87.7%
Carpooled
7.9%
Public transit
0.7%
Walked
3.5%
Work from home
0.2%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) 4.3%
Total Sales Tax 6.0%
State rate 6.0%
Avg local rate 0.0%
Property Tax 1.5%

💼 Income & Employment

Median Household Income
$43,681
41% below avg
Per Capita Income
$23,673
Unemployment Rate
10.9%
126% above avg
Poverty Rate
22.1%
Labor Force Participation
65.0%

🎓 Education

Bachelor's degree+ 8.0%
Graduate degree 2.9%

👥 Demographics

Median Age 30.8
Male median age 29.4
Female median age 33

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
58.5°F
Avg Low
40.1°F
Annual Precip
31.5"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 313445597079838174614736
Low °F 171927374958626153423224
Precip" 1.581.211.672.883.723.413.353.363.233.552.131.43

🏫 Schools

NCES CCD 2019 — public school district data

57%
4-Year Graduation Rate
18.9:1
Student-teacher ratio
2
Public schools
341
Total enrollment

Frequently Asked Questions

What is the cost of living in Springfield, MI?

Springfield has a cost index of 47 (100 = national average). It is 53% below the national average.

What is average rent in Springfield, MI?

The median gross rent in Springfield is $851 per month based on 2023 Census data.

What is the average home price in Springfield?

The median home value in Springfield is $105,300 according to Zillow and Census data.

What is the median income in Springfield?

The median household income in Springfield is $43,681 per year (2023 ACS 5-year estimates).

What is the sales tax in Springfield, MI?

The combined state and local sales tax rate in Springfield is 6.0%. The Michigan state income tax top rate is 4.3%.

Is Springfield, MI affordable?

Yes, Springfield is generally considered affordable, with a cost of living index of 47 — about 53% below the US national average of 100.

What is the weather like in Springfield?

Springfield has average high temperatures of 58.5°F and average lows of 40.1°F. Annual precipitation is 31.5". Data from NOAA 1991–2020 Climate Normals.

Springfield at a Glance

Population
5,295
Median Income
$43,681
Home Value
$105,300
Median Rent
$851/mo
Unemployment
10.9%
Avg High Temp
58.5°F
Sales Tax
6.0%
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🗺️ County data for Michigan

Explore county-level cost of living data

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