Housing costs in Brampton?
A typical home costs
$197,100, which is 41.7% less expensive than the national average of
$338,100 and 9.9% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Brampton costs
$810 per month, which is 43.4% more than the national average of
$1,430 and 35.8% more than the state average of
$1,100.
Can I afford Brampton?
To live comfortably in Brampton, Michigan, a minimum annual income of
$37,800 for a family, and
$24,400 for a single person is recommended.
What does A.I. say about Brampton?
Brampton, MI is known for being an affordable place to live. The cost of living in Brampton is well below the national average, as well as many other cities in Michigan. According to BestPlaces, the cost of living index in Brampton is 80/100, making it an extremely affordable city. Groceries, transportation, and housing all come at a lower cost than other parts of Michigan. Additionally, the median household income in Brampton is higher than both the state and national averages, meaning that residents have more disposable income to spend on other items or save for future expenses. All these factors contribute to Brampton’s low cost of living and make it an attractive area for potential residents looking for a more budget-friendly option.