Housing costs in Springfield?
A typical home costs
$107,300, which is 68.3% less expensive than the national average of
$338,100 and 50.9% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Springfield costs
$920 per month, which is 35.7% cheaper than the national average of
$1,430 and 19.6% cheaper than the state average of
$1,100.
Can I afford Springfield?
To live comfortably in Springfield, Michigan, a minimum annual income of
$20,520 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about Springfield?
The cost of living in Springfield, MI is quite reasonable, with housing being one of the most affordable areas of the city. Average home prices in Springfield are around $100,000, which is significantly lower than the national average. The cost of groceries and goods is also relatively low. Many restaurants and shops throughout town offer competitive prices for quality eats and goods. Additionally, utilities, such as electricity, water, gas, etc., typically cost less than the national average as well. All in all, the cost of living in Springfield is quite affordable for those looking to move to or visit this midwestern town.