Housing costs in Colfax township (Mecosta County)?
A typical home costs
$232,500, which is 31.2% less expensive than the national average of
$338,100 and 6.3% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Colfax township (Mecosta County) costs
$840 per month, which is 41.3% more than the national average of
$1,430 and 31.0% more than the state average of
$1,100.
Can I afford Colfax township (Mecosta County)?
To live comfortably in Colfax township (Mecosta County), Michigan, a minimum annual income of
$44,640 for a family, and
$28,800 for a single person is recommended.
What does A.I. say about Colfax township (Mecosta County)?
Colfax Township (Mecosta County), MI is an affordable place to live. According to Sperling's Best Places, the cost of living in Colfax Township is 11 percent lower than the national average, making it a great option for those looking to save money. Housing costs are 10 percent lower than the US average. The median house price in Colfax Township is $112,400 while the median rent stands at $692 per month. Groceries are also more affordable than usual with prices being 4% lower than the national average. Other expenses such as utilities, transportation, and healthcare are all similar to or below the US averages. All things considered, Colfax Township is a great place to call home if one is looking for an affordable living situation!