Housing costs in Pewamo?
A typical home costs
$216,300, which is 36.0% less expensive than the national average of
$338,100 and 1.1% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Pewamo costs
$880 per month, which is 38.5% cheaper than the national average of
$1,430 and 25.0% cheaper than the state average of
$1,100.
Can I afford Pewamo?
To live comfortably in Pewamo, Michigan, a minimum annual income of
$41,400 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Pewamo?
Pewamo, MI has a relatively low cost of living compared to other areas in the state. The median home value is around $125,000, which is quite affordable for families looking to buy their first home. The median household income is also quite reasonable at $56,730 per year. Additionally, transportation costs are kept low due to the high walkability score that Pewamo has. With restaurants and grocery stores all within easy walking distance, residents can save money on gas and vehicle maintenance. Other essential costs such as utilities and groceries are also quite affordable in this small town. All in all, Pewamo is a great place for those who want to live comfortably without breaking the bank.