Housing costs in Chums Corner?
A typical home costs
$288,500, which is 14.7% less expensive than the national average of
$338,100 and 31.9% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Chums Corner costs
$1,090 per month, which is 23.8% cheaper than the national average of
$1,430 and close to the state average of
$1,100.
Can I afford Chums Corner?
To live comfortably in Chums Corner, Michigan, a minimum annual income of
$55,440 for a family, and
$36,800 for a single person is recommended.
What does A.I. say about Chums Corner?
The cost of living in Chums Corner, MI is considered to be quite reasonable. Housing costs are lower than the national average, with the median home value being around $129,000 and the median rent sitting at approximately $845 per month. Groceries, transportation costs, and utilities are also all well below the national average, making it a great place to live for those on a budget. Additionally, many businesses in town offer discounts to those who live in Chums Corner, allowing residents to save even more money on everyday expenditures.