Housing costs in Fenton?
A typical home costs
$320,700, which is 5.1% less expensive than the national average of
$338,100 and 46.6% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Fenton costs
$1,310 per month, which is 8.4% cheaper than the national average of
$1,430 and 16.0% more than the state average of
$1,100.
Can I afford Fenton?
To live comfortably in Fenton, Michigan, a minimum annual income of
$61,560 for a family, and
$41,600 for a single person is recommended.
What does A.I. say about Fenton?
The cost of living in Fenton, MI is relatively affordable. Prices for food, housing, and utilities are lower than the US average. The median home price here is around $150,000 which is quite reasonable compared to other cities. Groceries are generally inexpensive and overall costs for utilities are lower than most other parts of the country. In general, Fenton provides a great value for people looking to move to a small city with all the amenities they need at an affordable cost.