Housing costs in Enterprise?
A typical home costs
$210,400, which is 37.8% less expensive than the national average of
$338,100 and 3.8% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Enterprise costs
$870 per month, which is 39.2% more than the national average of
$1,430 and 26.4% more than the state average of
$1,100.
Can I afford Enterprise?
To live comfortably in Enterprise, Michigan, a minimum annual income of
$40,320 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Enterprise?
The cost of living in Enterprise, MI is relatively affordable compared to many other parts of the country. The cost of housing is quite low; the median home value in Enterprise is roughly $90,000, and the median rent for a two-bedroom apartment hovers around $650 per month. Food costs are also low; according to one source, groceries here are about 1% lower than the US average. In addition, transportation costs such as fuel and car maintenance will be relatively easy on your wallet. All in all, living in Enterprise will not put too much strain on your budget.