Housing costs in Covington?
A typical home costs
$0, which is 100.0% less expensive than the national average of
$338,100 and 100.0% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Covington costs
$830 per month, which is 42.0% cheaper than the national average of
$1,430 and 32.5% cheaper than the state average of
$1,100.
Can I afford Covington?
To live comfortably in Covington, Michigan, a minimum annual income of
$33,120 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Covington?
The cost of living in Covington, MI is below the US average, offering residents an affordable place to live. The median house value in Covington is lower than the US average and provides a great opportunity for people looking to purchase a home at an affordable price. The overall cost of living in Covington, MI is lower than the US average making it an attractive option for those looking for an affordable yet comfortable life.