Housing costs in Edwardsburg?
A typical home costs
$246,800, which is 27.0% less expensive than the national average of
$338,100 and 12.8% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Edwardsburg costs
$980 per month, which is 31.5% cheaper than the national average of
$1,430 and 12.2% cheaper than the state average of
$1,100.
Can I afford Edwardsburg?
To live comfortably in Edwardsburg, Michigan, a minimum annual income of
$47,160 for a family, and
$32,000 for a single person is recommended.
What does A.I. say about Edwardsburg?
The cost of living in Edwardsburg, MI is relatively affordable compared to other cities in the area. The median home value is around $143,000 which is lower than the national average of $184,700. This makes it possible for residents to purchase homes more easily and enjoy a comfortable life without major financial strain. Additionally, the average rent in the area is $850 per month which is far below the national average of $1,470. Groceries tend to be slightly higher than other places but overall Edwardsburg remains fairly affordable for living costs.