Housing costs in Colon township?
A typical home costs
$195,000, which is 42.3% less expensive than the national average of
$338,100 and 10.8% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Colon township costs
$850 per month, which is 40.6% more than the national average of
$1,430 and 29.4% more than the state average of
$1,100.
Can I afford Colon township?
To live comfortably in Colon township, Michigan, a minimum annual income of
$37,440 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Colon township?
Colon Township, MI is a great place to live with a relatively low cost of living. The median home value in Colon Township is just under $120,000 and the median rent is only around $640 per month. There are also many affordable dining options for all budgets with many local restaurants serving up delicious fare. Groceries and everyday essentials can also be found at reasonable prices at the local grocery stores. Overall, Colon Township is a great place to live that offers its residents an excellent quality of life without breaking the bank.