Housing costs in Elba township (Gratiot County)?
A typical home costs
$112,900, which is 66.6% less expensive than the national average of
$338,100 and 48.4% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Elba township (Gratiot County) costs
$820 per month, which is 42.7% more than the national average of
$1,430 and 34.1% more than the state average of
$1,100.
Can I afford Elba township (Gratiot County)?
To live comfortably in Elba township (Gratiot County), Michigan, a minimum annual income of
$21,600 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Elba township (Gratiot County)?
Elba Township (Gratiot County), MI is an affordable place to live. The cost of living in Elba is 11% lower than the national average, making it one of the most affordable places to live in Michigan. Homes in Elba have a median home value of $87,900, and rent averages around $646 per month. Groceries are also relatively inexpensive with the local grocery store offering competitive prices for all goods. Utilities such as electricity, gas, water, and internet services are generally reasonably priced as well. In short, Elba Township offers quality amenities at an affordable cost.