Housing costs in Stanwood?
A typical home costs
$231,000, which is 31.7% less expensive than the national average of
$338,100 and 5.6% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Stanwood costs
$850 per month, which is 40.6% cheaper than the national average of
$1,430 and 29.4% cheaper than the state average of
$1,100.
Can I afford Stanwood?
To live comfortably in Stanwood, Michigan, a minimum annual income of
$44,280 for a family, and
$29,200 for a single person is recommended.
What does A.I. say about Stanwood?
The cost of living in Stanwood, MI is quite reasonable. According to Sperling's Best Places, the city's cost of living index score is an impressive 85.1 out of 100, which means it is 15% below the average for all US cities. The median home price in Stanwood is $113,400 and housing costs are considerably lower than the national average. Other everyday expenses like groceries, healthcare, and utilities are also lower than average. Overall, Stanwood offers an affordable cost of living that makes it a great destination for families on a budget or anyone looking to enjoy a high quality of life without breaking the bank.