Housing costs in Cannon?
A typical home costs
$453,200, which is 34.0% more expensive than the national average of
$338,100 and 107.2% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Cannon costs
$1,390 per month, which is 2.8% cheaper than the national average of
$1,430 and 20.9% more than the state average of
$1,100.
Can I afford Cannon?
To live comfortably in Cannon, Michigan, a minimum annual income of
$86,760 for a family, and
$46,000 for a single person is recommended.
What does A.I. say about Cannon?
Cannon, MI is a great place to live due to its low cost of living. The median home value in Cannon is just over $169,000, which is significantly lower than the national average of $231,000. Additionally, the median household income in Cannon is around $62,500 which is a little lower than the national average of $68,700. The cost of goods and services in Cannon is also much lower than the national averages meaning that it can be an affordable place to live. With all these factors combined it makes Cannon an attractive choice for people who are looking for an affordable place to call home.