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Saginaw, MI vs Wayne, MI

63
Saginaw
Michigan
VS
-14.6%
74
Wayne
Michigan

Saginaw is moderately more affordable than Wayne, with a 14.6% lower cost of living index. Saginaw scores 63 compared to 74 for Wayne, where the US average is 100. This difference means residents of Wayne can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Saginaw is $909/month compared to $924/month in Wayne — a 2% difference. Home values follow the same pattern: Saginaw is more affordable at $54,000 median vs $142,200.

Median household income in Saginaw is $37,298 compared to $54,467 in Wayne (-31.5%). While Wayne is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Saginaw spend roughly 29.2% of their income on rent, more than the 20.4% in Wayne.

Income & Cost

Cost of Living Index
Saginaw
63
15% cheaper
Wayne
74
Median Household Income
Saginaw
$37,298
Wayne
$54,467
32% higher

Housing

Median Rent
Saginaw
$909
2% cheaper
Wayne
$924
Median Home Value
Saginaw
$54,000
62% cheaper
Wayne
$142,200
Population
Saginaw
43,879
Wayne
17,413

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Saginaw $2.88
Wayne $3.00
US $3.07
🥚
Eggs (grade A, large)
Saginaw $2.35
Wayne $2.45
US $2.50
🥛
Milk (whole)
Saginaw $3.79
Wayne $3.94
US $4.03
🍞
Bread (white)
Saginaw $1.74
Wayne $1.81
US $1.85
🍗
Chicken breast
Saginaw $3.90
Wayne $4.06
US $4.14
Electricity
Saginaw $0.18
Wayne $0.20
US $0.19