Housing costs in Falmouth?
A typical home costs
$0, which is 100.0% less expensive than the national average of
$338,100 and 100.0% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Falmouth costs
$890 per month, which is 37.8% cheaper than the national average of
$1,430 and 23.6% cheaper than the state average of
$1,100.
Can I afford Falmouth?
To live comfortably in Falmouth, Michigan, a minimum annual income of
$30,600 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Falmouth?
The cost of living in Falmouth, MI is quite affordable when compared to the national average. According to recent estimates, the median house value in Falmouth is much lower than the US average of $338,100. In addition, the Cost of Living in Falmouth is below the US average of 100. This means that purchasing power for citizens in Falmouth is higher compared to other parts of the country. With lower housing costs and better cost of living overall, Falmouth provides a great environment for people looking to settle down or start a business.