Housing costs in Southfield?
A typical home costs
$218,200, which is 35.5% less expensive than the national average of
$338,100 and 0.2% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Southfield costs
$1,460 per month, which is 2.1% more than the national average of
$1,430 and 24.7% more than the state average of
$1,100.
Can I afford Southfield?
To live comfortably in Southfield, Michigan, a minimum annual income of
$41,760 for a family, and
$46,000 for a single person is recommended.
What does A.I. say about Southfield?
Southfield is located near Detroit with a population estimated at 71 thousand people. This city offers an overall cost of living that is below the US average due to low housing costs powered by its diverse economy with many industrial giants such as Ford Motor Company making it an ideal spot for singles or families looking for more affordable lifestyle but still plenty of amenities available throughout the city for any night out on the town or weekend getaway.