Housing costs in Applegate?
A typical home costs
$140,700, which is 58.4% less expensive than the national average of
$338,100 and 35.7% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Applegate costs
$800 per month, which is 44.1% cheaper than the national average of
$1,430 and 37.5% cheaper than the state average of
$1,100.
Can I afford Applegate?
To live comfortably in Applegate, Michigan, a minimum annual income of
$27,000 for a family, and
$24,400 for a single person is recommended.
What does A.I. say about Applegate?
Applegate, MI is an affordable place to live with a cost of living that is below the national average. Housing costs are particularly attractive in the area, with median home values around $110,000 and rental rates that are substantially lower than those in other parts of Michigan. Groceries and utilities are also cheaper than the national average, making Applegate an ideal place for families or individuals looking to save money. The local economy is largely composed of small businesses, which means there are plenty of job opportunities available to residents. In addition, the area has some great educational facilities and recreational activities for its residents to enjoy. All these factors make Applegate a great choice for anyone looking for an affordable place to live in Michigan.