Housing costs in Armada township?
A typical home costs
$331,400, which is 2.0% less expensive than the national average of
$338,100 and 51.5% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Armada township costs
$1,080 per month, which is 24.5% cheaper than the national average of
$1,430 and close to the state average of
$1,100.
Can I afford Armada township?
To live comfortably in Armada township, Michigan, a minimum annual income of
$63,360 for a family, and
$34,000 for a single person is recommended.
What does A.I. say about Armada township?
The cost of living in Armada Township, MI is slightly higher than the national average. The biggest factors driving this are housing costs, which are well above the US median. The median home value in Armada Township is $206,000 compared to a US median of $185,000. In addition, utilities and groceries tend to be more expensive than other parts of Michigan. On the positive side, healthcare and transportation costs are lower than the national average. Overall, living in Armada Township comes with higher costs but also some savings that can help offset the difference.