Housing costs in Charlotte?
A typical home costs
$206,800, which is 38.8% less expensive than the national average of
$338,100 and 5.4% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Charlotte costs
$970 per month, which is 32.2% cheaper than the national average of
$1,430 and 13.4% cheaper than the state average of
$1,100.
Can I afford Charlotte?
To live comfortably in Charlotte, Michigan, a minimum annual income of
$39,600 for a family, and
$31,600 for a single person is recommended.
What does A.I. say about Charlotte?
The cost of living in Charlotte, MI is quite reasonable. The median home value is approximately $169,000, and median rental costs are around $1,000 per month. Groceries and health care are also relatively inexpensive. In general, the cost of living in Charlotte is 4% lower than the U.S. average. This makes it an ideal place to live for those looking to stretch their budget while still enjoying all that the city has to offer.