Housing costs in Egelston?
A typical home costs
$186,900, which is 44.7% less expensive than the national average of
$338,100 and 14.5% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Egelston costs
$940 per month, which is 34.3% more than the national average of
$1,430 and 17.0% more than the state average of
$1,100.
Can I afford Egelston?
To live comfortably in Egelston, Michigan, a minimum annual income of
$35,640 for a family, and
$29,200 for a single person is recommended.
What does A.I. say about Egelston?
The cost of living in Egelston, MI is generally considered to be quite affordable compared to other nearby cities and towns. The median home value is $164,400, which is around 8% lower than the national average. The median household income is just under $45,000, which is slightly lower than the state average. Taxes are relatively low as well, with an effective rate of 7%, making it a great place for those looking to save money while still enjoying all that Michigan has to offer. Groceries and healthcare also tend to be very affordable in Egelston. All in all, Egelston provides a great balance between affordability and quality of life, making it an attractive option for those looking for a new place to call home.