Housing costs in Reeder?
A typical home costs
$205,100, which is 39.3% less expensive than the national average of
$338,100 and 6.2% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Reeder costs
$880 per month, which is 38.5% more than the national average of
$1,430 and 25.0% more than the state average of
$1,100.
Can I afford Reeder?
To live comfortably in Reeder, Michigan, a minimum annual income of
$39,240 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Reeder?
The cost of living in Reeder, MI is relatively low compared to the national average. Basic necessities such as groceries, gas, and healthcare are all priced reasonably and are easily accessible throughout the town. In addition, the median home value in Reeder is $128,800 which is well below the national average of $184,700 which makes it an attractive option for those looking for an affordable place to live. Renting a property can also be quite inexpensive with one-bedroom apartments going for around $550 per month on average. All in all, Reeder offers its residents a great opportunity to experience a quality lifestyle at a fraction of the price and make their money go further than many other places throughout Michigan.