Housing costs in Caspian?
A typical home costs
$79,900, which is 76.4% less expensive than the national average of
$338,100 and 63.5% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Caspian costs
$650 per month, which is 54.5% cheaper than the national average of
$1,430 and 69.2% cheaper than the state average of
$1,100.
Can I afford Caspian?
To live comfortably in Caspian, Michigan, a minimum annual income of
$15,480 for a family, and
$20,000 for a single person is recommended.
What does A.I. say about Caspian?
The cost of living in Caspian, MI is relatively low compared to most other cities across the country. For housing, the average cost of a home is just over $100,000 and the median rent is $680 for a two-bedroom apartment. Goods and services are also affordable with groceries costing 12% less than the national average. Utility costs such as electricity, natural gas, and water are even lower than most other areas in Michigan due to the abundance of natural resources in this area. Overall, Caspian offers an excellent quality of life at a fraction of the price you would pay from larger cities or more metropolitan areas.