Housing costs in Lake Odessa?
A typical home costs
$205,300, which is 39.3% less expensive than the national average of
$338,100 and 6.1% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Lake Odessa costs
$970 per month, which is 32.2% cheaper than the national average of
$1,430 and 13.4% cheaper than the state average of
$1,100.
Can I afford Lake Odessa?
To live comfortably in Lake Odessa, Michigan, a minimum annual income of
$39,240 for a family, and
$29,200 for a single person is recommended.
What does A.I. say about Lake Odessa?
The cost of living in Lake Odessa, MI is quite reasonable. Housing is especially affordable with the median home value of just over $100,000. That's substantially lower than the state average of nearly $175,000. The area's overall cost of living is 7% lower than the national average and groceries and healthcare are especially inexpensive compared to other cities. This makes it an ideal place for families or individuals looking for a more affordable lifestyle.