Housing costs in Kalamo?
A typical home costs
$250,600, which is 25.9% less expensive than the national average of
$338,100 and 14.6% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Kalamo costs
$970 per month, which is 32.2% more than the national average of
$1,430 and 13.4% more than the state average of
$1,100.
Can I afford Kalamo?
To live comfortably in Kalamo, Michigan, a minimum annual income of
$47,880 for a family, and
$31,600 for a single person is recommended.
What does A.I. say about Kalamo?
The cost of living in Kalamo, MI is quite affordable. The city has an average housing price of $117,800, which is significantly lower than the national average of $231,200. Additionally, the median household income in Kalamo is around $47,700, which is slightly below the national median of $61,937. While there are some costs associated with living in Kalamo such as transportation and utilities that may be slightly higher than other cities in Michigan, overall it remains an affordable place to live.