Housing costs in Cement City?
A typical home costs
$211,100, which is 37.6% less expensive than the national average of
$338,100 and 3.5% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Cement City costs
$910 per month, which is 36.4% cheaper than the national average of
$1,430 and 20.9% cheaper than the state average of
$1,100.
Can I afford Cement City?
To live comfortably in Cement City, Michigan, a minimum annual income of
$40,320 for a family, and
$28,800 for a single person is recommended.
What does A.I. say about Cement City?
Cement City, MI is an affordable place to live. The cost of living in this area is much lower than the national average and most other Michigan cities. Housing costs are especially low with median home prices hovering around $95,000. Rental prices are also a bargain with typical two bedrooms renting for around $650 per month. Basic utilities such as electricity, water and garbage collection are also quite affordable with monthly fees averaging just over $150 total. In addition, Cement City's local grocery stores and restaurants offer great value for money with meals costing only a few dollars. All in all, Cement City is an excellent option for those looking for a budget-friendly lifestyle.