Housing costs in Broomfield?
A typical home costs
$233,200, which is 31.0% less expensive than the national average of
$338,100 and 6.6% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Broomfield costs
$860 per month, which is 39.9% more than the national average of
$1,430 and 27.9% more than the state average of
$1,100.
Can I afford Broomfield?
To live comfortably in Broomfield, Michigan, a minimum annual income of
$44,640 for a family, and
$29,200 for a single person is recommended.
What does A.I. say about Broomfield?
The cost of living in Broomfield, MI is quite reasonable compared to many other cities in the United States. The median home value for this area of the country is around $150,000, which is slightly below the national average. The median monthly rent for an apartment is approximately $800 while utilities are estimated to be about $160 per month. Groceries and other goods can be found at reasonable prices as well. Although Broomfield does not have a high-priced economy there are still plenty of job opportunities available here to help support individuals and families living in the area.