Housing costs in St. Clair Shores?
A typical home costs
$191,300, which is 43.4% less expensive than the national average of
$338,100 and 12.5% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in St. Clair Shores costs
$1,270 per month, which is 11.2% cheaper than the national average of
$1,430 and 13.4% more than the state average of
$1,100.
Can I afford St. Clair Shores?
To live comfortably in St. Clair Shores, Michigan, a minimum annual income of
$36,720 for a family, and
$40,000 for a single person is recommended.
What does A.I. say about St. Clair Shores?
The cost of living in St. Clair Shores, MI is significantly lower than the average US value. The median house value in St. Clair Shores is $191,300 compared to the US average of $338,100. Moreover, the Cost of Living index in St. Clair Shores is 93.1 while the US average is 100 – indicating a lower overall cost of living for St. Clair Shores residents than on a nationwide scale. This could prove to be attractive to those looking to purchase a home or rent in St. Clair Shores, MI as it may provide greater affordability and savings potential over other locations in the US with higher cost of living indices or market prices for real estate properties.