Housing costs in Clarendon?
A typical home costs
$163,500, which is 51.6% less expensive than the national average of
$338,100 and 25.2% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Clarendon costs
$940 per month, which is 34.3% more than the national average of
$1,430 and 17.0% more than the state average of
$1,100.
Can I afford Clarendon?
To live comfortably in Clarendon, Michigan, a minimum annual income of
$31,320 for a family, and
$30,400 for a single person is recommended.
What does A.I. say about Clarendon?
The cost of living in Clarendon, MI is relatively affordable compared to the rest of the state. According to the Michigan Department of Technology, Management & Budget, the median home price in Clarendon is $94,900, which is roughly 8% lower than the statewide average. Additionally, taxes are lower than the state average for property and income taxes. The overall cost of living index is well below that of Michigan's average at 86.4. All combined, this makes Clarendon an ideal place to live for those looking to save money on their cost of living expenses.