Housing costs in Almont?
A typical home costs
$285,800, which is 15.5% less expensive than the national average of
$338,100 and 30.7% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Almont costs
$1,040 per month, which is 27.3% cheaper than the national average of
$1,430 and 5.8% cheaper than the state average of
$1,100.
Can I afford Almont?
To live comfortably in Almont, Michigan, a minimum annual income of
$54,720 for a family, and
$32,800 for a single person is recommended.
What does A.I. say about Almont?
The cost of living in Almont, MI is very affordable. According to the most recent data from the US Bureau of Labor Statistics, prices in Almont are approximately 5% lower than the national average. This makes it a great place for people looking for a more affordable lifestyle. Housing costs are especially low compared to other parts of Michigan and the country, with the median home value sitting at around $180,000. The cost of utilities is also relatively low and food and transportation options are both abundant and reasonably priced. All in all, Almont is an excellent option for those seeking an economical lifestyle while still enjoying access to all the amenities a city can offer.