Housing costs in Byron?
A typical home costs
$249,900, which is 26.1% less expensive than the national average of
$338,100 and 14.3% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Byron costs
$1,010 per month, which is 29.4% cheaper than the national average of
$1,430 and 8.9% cheaper than the state average of
$1,100.
Can I afford Byron?
To live comfortably in Byron, Michigan, a minimum annual income of
$47,880 for a family, and
$30,800 for a single person is recommended.
What does A.I. say about Byron?
Byron, MI has a relatively low cost of living compared to other cities in Michigan. The median home value is $127,400 and the median household income is $58,000. Additionally, transportation costs are lower due to a lack of parking fees or public transportation costs associated with larger cities. Groceries and utilities are also typically cheaper in Byron than in other locations. Overall, the cost of living in Byron is quite affordable and makes it an attractive place to live for individuals looking for a lower-cost alternative.