Housing costs in Newaygo?
A typical home costs
$210,500, which is 37.7% less expensive than the national average of
$338,100 and 3.7% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Newaygo costs
$1,020 per month, which is 28.7% cheaper than the national average of
$1,430 and 7.8% cheaper than the state average of
$1,100.
Can I afford Newaygo?
To live comfortably in Newaygo, Michigan, a minimum annual income of
$40,320 for a family, and
$30,800 for a single person is recommended.
What does A.I. say about Newaygo?
The cost of living in Newaygo, MI is generally quite affordable. The median home value is a little over $100,000, and the median rent for a one-bedroom apartment is only about $600 per month. Additionally, essential goods are reasonably priced with most grocery items below the national average. With the low prices and small town charm, this rural area offers an ideal place to live for those looking to balance affordability with a peaceful lifestyle.