Housing costs in Lyons?
A typical home costs
$201,100, which is 40.5% less expensive than the national average of
$338,100 and 8.0% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Lyons costs
$950 per month, which is 33.6% cheaper than the national average of
$1,430 and 15.8% cheaper than the state average of
$1,100.
Can I afford Lyons?
To live comfortably in Lyons, Michigan, a minimum annual income of
$38,520 for a family, and
$28,800 for a single person is recommended.
What does A.I. say about Lyons?
Living in Lyons, MI is very affordable with the cost of living well below the national average. The median home value in this small town is around $85,000, making it a great choice for budget-minded individuals looking to purchase a home. Renting is also quite affordable with the median rent for a one-bedroom apartment coming in under $600 per month. Additionally, groceries and other necessities are relatively inexpensive due to the rural location of Lyons. All in all, Lyons proves to be an ideal place for those looking to live comfortably without breaking the bank!