Housing costs in Ridgeway?
A typical home costs
$214,500, which is 36.6% less expensive than the national average of
$338,100 and 1.9% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Ridgeway costs
$1,050 per month, which is 26.6% cheaper than the national average of
$1,430 and 4.8% cheaper than the state average of
$1,100.
Can I afford Ridgeway?
To live comfortably in Ridgeway, Michigan, a minimum annual income of
$41,040 for a family, and
$33,200 for a single person is recommended.
What does A.I. say about Ridgeway?
Ridgeway, MI is a great place to live with an affordable cost of living. According to BestPlaces, the cost of living in Ridgeway is 6% lower than the national average. The city features low housing prices for both rentals and sales, with one-bedroom apartments starting at just $525 per month. Grocery costs in Ridgeway are also relatively low compared to the national average. Residents can purchase basic items like milk, bread, and eggs for under $10. Additionally, utility bills such as water and electricity tend to be cheaper than other cities in Michigan due to Ridgeway's ample access to natural resources. Overall, residents of Ridgeway enjoy a high quality of life for an incredibly affordable price.