States › Michigan › Springfield

Is Springfield, MI expensive to live in?

OKRent takes 24 cents of every $1 people earn here.
🏠 Rent per month (2026)$98144% lower than U.S. average
💵 Families earn per year (2026)$48,325about $4,027/month · 44% lower than U.S. average
🔑 House price$110,80067% lower than U.S. average

Rent is lower than in 89% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are short, about 19.2 minutes.

How much money do I need?

To rent here comfortably, you should earn about $39,240 a year. That is $19 an hour at a full-time job.

Is rent cheaper than other Michigan cities?

Yes. Rent here is cheaper than in most of Michigan. It is number 33 of 179 cities from cheapest to most expensive.

Springfield
$981
Gladstone
$553
Eaton Rapids
$1,034
Utica
$1,251
Allegan
$1,233
Frankenmuth
$2,634
Comstock Northwest
$1,679

How much do households earn in Springfield?

Under $25k
24.4%
$25k–50k
36.1%
$50k–100k
28.1%
$100k–150k
7.8%
$150k+
1.3%

Share of households by yearly income. 9.1% of households earn $100,000 or more.

Rent by apartment size in Springfield

SizeSpringfieldU.S. average
Studio$847$1,338
1 bedroom$821$1,324
2 bedrooms$1,214$1,509
3 bedrooms$1,259$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Springfield overall?

Everyday prices in Michigan overall are 4% below the U.S. average (index 96.2, U.S. = 100).

Housing
82
Goods (food, clothes…)
96
Utilities
100
Other services
101
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Springfield, so the Michigan figure is shown.

Taxes and bills in Springfield

🏛️ Property tax$1,787a year · 1.61% of home value · U.S. $3,119
⚡ Electric bill$120a month (typical) · U.S. $156

Life in Springfield

Commute to work19.2 minU.S.: 26.4 min
College degree11.9%U.S.: 35.7%
Own their home52.1%U.S.: 65.2%
Below poverty line19.1%U.S.: 12.5%
Unemployment9.7%U.S.: 5.2%

Is it cheaper to rent or buy in Springfield?

Buying is cheaper month to month: about $212 a month less than renting.

Renting
$981
Owning
$769

Owning assumes a typical $110,800 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $11,080 for the down payment.

Frequently asked questions

What is the average rent in Springfield, MI?

Renting in Springfield costs a median of about $981 a month in 2026, including utilities. The Michigan median is $1,314.

How much do I need to make to live in Springfield?

To keep rent under 30% of income, you need about $39,240 a year, or $19 an hour at a full-time job.

Is Springfield cheap or expensive?

Springfield is rated OK: rent takes 24.4% of the typical household income of $48,325. It ranks 33rd cheapest of 179 Michigan cities we track.

How much are property taxes in Springfield?

The median homeowner in Springfield pays $1,787 a year in property taxes, about 1.61% of the median home value.

Is Springfield more expensive than the national average?

Overall prices in Michigan are 4% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Springfield?

The median home value in Springfield is $110,800, about 2.3 times the typical yearly household income.

5,269 people live in Springfield. Numbers are typical (middle) values.