Housing costs in Alanson?
A typical home costs
$215,500, which is 36.3% less expensive than the national average of
$338,100 and 1.5% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Alanson costs
$960 per month, which is 32.9% cheaper than the national average of
$1,430 and 14.6% cheaper than the state average of
$1,100.
Can I afford Alanson?
To live comfortably in Alanson, Michigan, a minimum annual income of
$41,400 for a family, and
$29,200 for a single person is recommended.
What does A.I. say about Alanson?
The cost of living in Alanson, MI is quite reasonable. The housing market is relatively affordable, with the median home value being just over $147,000. The median rent for a two-bedroom apartment is also below the national average at $805 per month. In addition to this, grocery prices are lower than many other states' averages and utility costs are also fairly low. Overall, Alanson makes for an ideal location for those looking to live in a small town with a lower cost of living than major cities and towns across the country.