Housing costs in Eaton?
A typical home costs
$235,000, which is 30.5% less expensive than the national average of
$338,100 and 7.5% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Eaton costs
$980 per month, which is 31.5% more than the national average of
$1,430 and 12.2% more than the state average of
$1,100.
Can I afford Eaton?
To live comfortably in Eaton, Michigan, a minimum annual income of
$45,000 for a family, and
$32,000 for a single person is recommended.
What does A.I. say about Eaton?
The cost of living in Eaton, MI is very affordable. The median home value is just over $125,000, which is significantly lower than the national average of just under $200,000. The median household income is also lower than the national average at just over $50,000 a year, but still provides a comfortable living wage for most families. Additionally, taxes in Eaton are lower than on the national average due to Michigan's existing tax laws. All in all, Eaton provides an affordable place to live with plenty of amenities for those looking to settle down and raise a family.