Housing costs in Arcada?
A typical home costs
$208,000, which is 38.5% less expensive than the national average of
$338,100 and 4.9% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Arcada costs
$820 per month, which is 42.7% more than the national average of
$1,430 and 34.1% more than the state average of
$1,100.
Can I afford Arcada?
To live comfortably in Arcada, Michigan, a minimum annual income of
$39,960 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Arcada?
Arcada, MI is an affordable place to live. The cost of living in Arcada is significantly lower than the national average, with housing costs being particularly low. The median home price in Arcada is around $125,000, which is quite a bit lower than the national median home price of around $200,000. Additionally, consumer prices are about 3% below the national average; this means that groceries and other everyday items tend to be cheaper in Arcada. Overall, Arcada provides a relatively low-cost option for those looking to move to a smaller city.