Housing costs in Albion?
A typical home costs
$103,700, which is 69.3% less expensive than the national average of
$338,100 and 52.6% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Albion costs
$880 per month, which is 38.5% cheaper than the national average of
$1,430 and 25.0% cheaper than the state average of
$1,100.
Can I afford Albion?
To live comfortably in Albion, Michigan, a minimum annual income of
$19,800 for a family, and
$28,800 for a single person is recommended.
What does A.I. say about Albion?
Living in Albion, MI can be quite affordable. The median home value is around $67,200, which is well below the national average. Utility costs are also very low; residents of Albion enjoy some of the lowest water and electric bills in the state. Additionally, groceries are very reasonably priced, with most goods costing only a few dollars each. All in all, Albion is an attractive place for those who want to save money without sacrificing quality of life.