Housing costs in Almena?
A typical home costs
$277,400, which is 18.0% less expensive than the national average of
$338,100 and 26.8% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Almena 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 Almena?
To live comfortably in Almena, Michigan, a minimum annual income of
$53,280 for a family, and
$32,000 for a single person is recommended.
What does A.I. say about Almena?
The cost of living in Almena, MI is very affordable. Housing costs are below the national average, with median home prices at around $87,000. Additionally, monthly rental costs are around $576 for a two bedroom apartment. Food and transportation costs in Almena are also quite reasonable and significantly lower than many other areas of the United States. The general cost of living in this small town is quite low and makes it an attractive place to live for those looking to save money or stretch their budget.