Housing costs in Auburn?
A typical home costs
$181,100, which is 46.4% less expensive than the national average of
$338,100 and 17.2% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Auburn costs
$910 per month, which is 36.4% cheaper than the national average of
$1,430 and 20.9% cheaper than the state average of
$1,100.
Can I afford Auburn?
To live comfortably in Auburn, Michigan, a minimum annual income of
$34,560 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Auburn?
Auburn, MI is an affordable place to live, with a relatively low cost of living compared to other parts of the country. According to bestplaces.net, the median home cost in Auburn is $90,800 and the median household income is $51,403. This creates a very reasonable ratio of 3.78 between housing costs and income, meaning that it is easier than average for people to afford their housing expenses in Auburn. In addition, groceries and other basic necessities are reasonably priced in the area due to its rural location and lower population size.