Housing costs in Clarence?
A typical home costs
$254,300, which is 24.8% less expensive than the national average of
$338,100 and 16.3% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Clarence costs
$980 per month, which is 31.5% more than the national average of
$1,430 and 12.2% more than the state average of
$1,100.
Can I afford Clarence?
To live comfortably in Clarence, Michigan, a minimum annual income of
$48,600 for a family, and
$32,400 for a single person is recommended.
What does A.I. say about Clarence?
Clarence, MI is an affordable place to live with a low cost of living. The median home price in Clarence is around $160,000, which is much lower than the national average of $218,000, making it an attractive option for potential homeowners looking to buy or rent. Prices for groceries and other household goods are also reasonable, with the average cost of a gallon of milk around $3.50 and the average price of a dozen eggs at $1.25. Additionally, utilities are relatively cheap compared to other cities in the area with electricity costing an average of just over $100 per month. All together these factors contribute to making Clarence an affordable place to live in Michigan.