Housing costs in Holly?
A typical home costs
$289,100, which is 14.5% less expensive than the national average of
$338,100 and 32.2% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Holly costs
$1,210 per month, which is 15.4% cheaper than the national average of
$1,430 and 9.1% more than the state average of
$1,100.
Can I afford Holly?
To live comfortably in Holly, Michigan, a minimum annual income of
$55,440 for a family, and
$38,000 for a single person is recommended.
What does A.I. say about Holly?
The cost of living in Holly, MI is fairly reasonable compared to other cities in the United States. According to the BestPlaces Cost Of Living Index, Holly's overall index score is 87.3, which is very close to the national average of 100. The biggest expense for most people in Holly will be housing costs, as the median home price is $151,500 and median rent prices are around $900 per month. However, the overall cost of living in Holly remains relatively affordable when compared to larger cities such as Detroit or Ann Arbor. Other expenses such as groceries, utilities and health care are also below the national average. All in all, residents of Holly enjoy a relatively low cost of living with plenty of amenities nearby.