Housing costs in Albion?
A typical home costs
$115,100, which is 66.0% less expensive than the national average of
$338,100 and 47.4% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Albion costs
$860 per month, which is 21.8% cheaper than the national average of
$1,100 and 11.6% cheaper than the state average of
$960.
Can I afford Albion?
To live comfortably in Albion (zip 49224), Michigan, a minimum annual income of
$21,960 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Albion?
The cost of living in 49224 Albion, MI is relatively low compared to other parts of the country. The median home value in Albion is around $77,000, significantly lower than many other areas. The cost of housing is also low, with a median rent of just $521 per month. Groceries and transportation costs are also quite reasonable compared to many other places. With its affordable prices and close proximity to Detroit, Albion is an attractive option for those looking to move to Michigan without breaking the bank.