Housing costs in Cornell?
A typical home costs
$146,500, which is 56.7% less expensive than the national average of
$338,100 and 33.0% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Cornell 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 Cornell?
To live comfortably in Cornell, Michigan, a minimum annual income of
$28,080 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Cornell?
The cost of living in Cornell, MI is relatively affordable compared to the national average. According to BestPlaces, the cost of living index in Cornell is 75, which is 25 percent lower than the U.S. average of 100. Housing costs in Cornell are well below the U.S. average, with a median home price of $112,900 and monthly rent averaging around $607. Other costs such as groceries and utilities are also lower than the national averages. Overall, Cornell offers an excellent quality of life at a reasonable cost for its residents.