Housing costs in Advance?
A typical home costs
$495,000, which is 46.4% more expensive than the national average of
$338,100 and 126.3% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Advance costs
$900 per month, which is 37.1% cheaper than the national average of
$1,430 and 22.2% cheaper than the state average of
$1,100.
Can I afford Advance?
To live comfortably in Advance, Michigan, a minimum annual income of
$94,680 for a family, and
$28,800 for a single person is recommended.
What does A.I. say about Advance?
The cost of living in Advance, MI is quite reasonable. The median home price is around $100,000, and rental prices are usually below the national average. Utilities in the area are also reasonably priced and accessible to all residents. Grocery costs are also low compared to other parts of the state, making it an easy place to maintain a budget. Cost of living expenses are further reduced by lower taxes than other Michigan municipalities have to offer. All these factors make Advance an attractive place for those looking for a good balance between affordable living and quality services.