Housing costs in Burr Oak?
A typical home costs
$153,900, which is 54.5% less expensive than the national average of
$338,100 and 29.6% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Burr Oak 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 Burr Oak?
To live comfortably in Burr Oak, Michigan, a minimum annual income of
$29,520 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Burr Oak?
Burr Oak, MI has a relatively low cost of living. According to the website Best Places, the cost of living index is 82.7 compared to the national index of 100. This means that goods and services are cheaper in Burr Oak than most other places in the country. Housing is particularly affordable, with average home prices much lower than most other parts of Michigan and the surrounding areas. In addition, grocery and other everyday expenses are also lower than average, making it an ideal place for those on a budget or looking to stretch their money farther.