Housing costs in Newberry?
A typical home costs
$71,600, which is 78.8% less expensive than the national average of
$338,100 and 67.3% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Newberry costs
$760 per month, which is 46.9% cheaper than the national average of
$1,430 and 44.7% cheaper than the state average of
$1,100.
Can I afford Newberry?
To live comfortably in Newberry, Michigan, a minimum annual income of
$13,680 for a family, and
$22,800 for a single person is recommended.
What does A.I. say about Newberry?
The cost of living in Newberry, MI is very reasonable. The overall cost of living index is 19% lower than the national average. Housing costs are 15% lower than the national average, making Newberry an affordable place to live. Utilities are also relatively inexpensive at 9% less than the national average. Additionally, groceries and health care costs are 11% and 8%, respectively, below the national average. This makes Newberry a great option for anyone looking for an affordable cost of living without sacrificing quality of life.