Housing costs in Faithorn?
A typical home costs
$211,300, which is 37.5% less expensive than the national average of
$338,100 and 3.4% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Faithorn costs
$840 per month, which is 41.3% more than the national average of
$1,430 and 31.0% more than the state average of
$1,100.
Can I afford Faithorn?
To live comfortably in Faithorn, Michigan, a minimum annual income of
$40,320 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Faithorn?
Faithorn, MI is a small but growing town with an affordable cost of living. Residents enjoy low taxes and competitive prices for goods and services. The median home price in Faithorn is $100,000, making it an attractive place to live for those on a budget. Utilities are also quite reasonable here, with electricity rates being among the lowest in Michigan. Overall, Faithorn offers a great quality of life at an affordable cost.