Housing costs in Lapeer?
A typical home costs
$182,600, which is 46.0% less expensive than the national average of
$338,100 and 55.9% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Lapeer costs
$1,050 per month, which is 26.6% cheaper than the national average of
$1,430 and 86.7% cheaper than the state average of
$1,960.
Can I afford Lapeer?
To live comfortably in Lapeer, New York, a minimum annual income of
$34,920 for a family, and
$34,800 for a single person is recommended.
What does A.I. say about Lapeer?
The cost of living in Lapeer, NY is quite affordable. The median home price is around $147,000 and the median household income is around $52,000. Although taxes are higher than some other parts of the state, they remain relatively low when compared to other cities in New York. The average cost of groceries per month is approximately $300 and utilities usually run about $200. Overall, Lapeer offers a lower cost of living than most places within the state while still providing many amenities and opportunities for its residents.