Housing costs in Ithaca?
A typical home costs
$138,800, which is 58.9% less expensive than the national average of
$338,100 and 36.5% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Ithaca costs
$820 per month, which is 42.7% cheaper than the national average of
$1,430 and 34.1% cheaper than the state average of
$1,100.
Can I afford Ithaca?
To live comfortably in Ithaca, Michigan, a minimum annual income of
$26,640 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Ithaca?
The cost of living in Ithaca, MI is quite affordable compared to other cities in the region. According to BestPlaces, the overall cost of living index for Ithaca is 75.2 which is much lower than the United States average of 100. This means that basic expenses like groceries, transportation, and healthcare are all quite affordable when compared to other areas in the country. Housing costs are also relatively low with a median home price of $87,000 compared to an average of $184,000 across Michigan as a whole. Overall, it can be said that living in Ithaca is quite affordable and provides attractive savings opportunities for those who choose to live there.