Housing costs in Cherry Grove?
A typical home costs
$265,200, which is 21.6% less expensive than the national average of
$338,100 and 21.3% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Cherry Grove costs
$870 per month, which is 39.2% more than the national average of
$1,430 and 26.4% more than the state average of
$1,100.
Can I afford Cherry Grove?
To live comfortably in Cherry Grove, Michigan, a minimum annual income of
$50,760 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Cherry Grove?
Cherry Grove, MI is a small town that offers its residents a low cost of living. The median home value is just over $90,000, which is affordable for many families. Additionally, the overall cost of living in Cherry Grove is nearly 15% lower than the national average, providing local residents with access to cheaper goods and services. Average monthly utility expenses are also quite low when compared to other areas of the state. This combination makes it an attractive place to live for those looking for a budget-friendly lifestyle.