Housing costs in Mount Morris?
A typical home costs
$101,000, which is 70.1% less expensive than the national average of
$338,100 and 53.8% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Mount Morris costs
$940 per month, which is 34.3% cheaper than the national average of
$1,430 and 17.0% cheaper than the state average of
$1,100.
Can I afford Mount Morris?
To live comfortably in Mount Morris, Michigan, a minimum annual income of
$19,440 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about Mount Morris?
The cost of living in Mount Morris, MI is below the national average and very affordable. The median home value in Mount Morris is $117,900 which is significantly lower than the Michigan average ($186,700). The rent prices are also quite low with a median price of $932 per month for a one bedroom apartment. Groceries and other necessities remain relatively inexpensive compared to the rest of the United States. Overall, living in Mount Morris is an affordable option for those looking to save money without sacrificing quality of life.