Housing costs in Bessemer?
A typical home costs
$85,000, which is 74.9% less expensive than the national average of
$338,100 and 61.1% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Bessemer costs
$840 per month, which is 41.3% cheaper than the national average of
$1,430 and 31.0% cheaper than the state average of
$1,100.
Can I afford Bessemer?
To live comfortably in Bessemer, Michigan, a minimum annual income of
$16,200 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Bessemer?
The cost of living in Bessemer, MI is relatively low compared to many cities in the United States. The city’s median home values are approximately $100,000 and have increased by over 6% in the past year. The average rent for a two bedroom apartment in Bessemer is around $700 per month. Groceries, transportation, and utilities tend to cost less than they do in most other parts of the country as well. In addition to its low cost of living, Bessemer also offers plenty of local amenities such as natural parks, museums, and a vibrant cultural scene. All these factors make Bessemer an attractive place to live with an affordable lifestyle.