Housing costs in Elsie?
A typical home costs
$152,300, which is 55.0% less expensive than the national average of
$338,100 and 30.4% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Elsie costs
$940 per month, which is 34.3% cheaper than the national average of
$1,430 and 17.0% cheaper than the state average of
$1,100.
Can I afford Elsie?
To live comfortably in Elsie, Michigan, a minimum annual income of
$29,160 for a family, and
$30,400 for a single person is recommended.
What does A.I. say about Elsie?
The cost of living in Elsie, MI is relatively affordable. The median home value in the area currently sits at $118,000, which is significantly lower than the national median of $219,700. There are also a number of rental options available for those who prefer to rent their homes. The cost of utilities and other necessities such as gas and food are comparable to other parts of the state. Overall, Elsie offers a comfortable lifestyle at an affordable price compared to many other places.