Housing costs in Ingersoll?
A typical home costs
$213,100, which is 37.0% less expensive than the national average of
$338,100 and 2.6% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Ingersoll 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 Ingersoll?
To live comfortably in Ingersoll, Michigan, a minimum annual income of
$40,680 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about Ingersoll?
The cost of living in Ingersoll, MI is reasonable and affordable. Housing costs are relatively low compared to the rest of Michigan, with the median home price being about $144,000. Additionally, transportation costs are also lower than what you would find in other parts of the state. The overall cost of living index is 96.3, which is 4.7% lower than the national average. Despite being a small town with limited resources, Ingersoll offers a surprisingly good value for its residents when it comes to the cost of living.