Housing costs in Fayette?
A typical home costs
$218,100, which is 35.5% less expensive than the national average of
$338,100 and 0.3% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Fayette costs
$950 per month, which is 33.6% more than the national average of
$1,430 and 15.8% more than the state average of
$1,100.
Can I afford Fayette?
To live comfortably in Fayette, Michigan, a minimum annual income of
$41,760 for a family, and
$28,800 for a single person is recommended.
What does A.I. say about Fayette?
Living in Fayette, MI is quite affordable. The median home value in the area is around $50,000, which is considerably lower than the national average. Additionally, the cost of other essential items like groceries and healthcare are also lower compared to other areas in the United States. In general, living in Fayette, MI can provide a budget-friendly option for those looking for an affordable place to settle down. Additionally, with its peaceful lifestyle and close proximity to outdoor activities such as hunting and fishing, Fayette can make for a great place to call home.