Housing costs in Benton Harbor?
A typical home costs
$108,300, which is 68.0% less expensive than the national average of
$338,100 and 50.5% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Benton Harbor costs
$890 per month, which is 37.8% cheaper than the national average of
$1,430 and 23.6% cheaper than the state average of
$1,100.
Can I afford Benton Harbor?
To live comfortably in Benton Harbor, Michigan, a minimum annual income of
$20,880 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Benton Harbor?
The cost of living in Benton Harbor, MI is relatively low compared to other cities. According to the latest figures from the BestPlaces Bureau, the overall cost of living in Benton Harbor is 8% lower than the national average. Groceries and healthcare are particularly affordable, coming in at 16% and 4%, respectively, below the national averages. Housing costs are also quite reasonable with a median home value of $105,600—about 39% lower than the Michigan average—and a median monthly rent of $664—roughly 20% lower than the state average. All in all, Benton Harbor is a great place for budget-minded families looking to settle down and take advantage of its many affordable amenities.