Housing costs in Vernon?
A typical home costs
$135,900, which is 59.8% less expensive than the national average of
$338,100 and 37.9% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Vernon costs
$860 per month, which is 39.9% cheaper than the national average of
$1,430 and 27.9% cheaper than the state average of
$1,100.
Can I afford Vernon?
To live comfortably in Vernon, Michigan, a minimum annual income of
$25,920 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Vernon?
The cost of living in Vernon, MI is slightly below the national average. Rent for a one-bedroom apartment is typically around $650-$750, while two-bedroom apartments range between $800-$900. Groceries are also relatively inexpensive with an average price of about $50 per week for basic necessities. Gas prices tend to be lower than other areas of the state as well, which helps to offset transportation costs. In general, living in Vernon is a great value and can be very affordable for those looking for a place to call home.