Housing costs in Birmingham?
A typical home costs
$599,900, which is 77.4% more expensive than the national average of
$338,100 and 174.3% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Birmingham costs
$1,800 per month, which is 25.9% more than the national average of
$1,430 and 38.9% more than the state average of
$1,100.
Can I afford Birmingham?
To live comfortably in Birmingham, Michigan, a minimum annual income of
$114,840 for a family, and
$56,400 for a single person is recommended.
What does A.I. say about Birmingham?
Birmingham, MI is a great place to live with an affordable cost of living. The median home price in Birmingham is around $450,000, which is slightly below the national average. Renters can find good quality apartments for around $1,400 a month on average. Food costs are also very reasonable in Birmingham with meal costs at restaurants remaining lower than the national average. Transportation costs remain fairly low as well with public transportation and walking being popular options for getting around town. Overall, Birmingham offers an affordable quality of life that many residents enjoy.