Housing costs in Forsyth?
A typical home costs
$179,700, which is 46.9% less expensive than the national average of
$338,100 and 17.8% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Forsyth costs
$900 per month, which is 37.1% more than the national average of
$1,430 and 22.2% more than the state average of
$1,100.
Can I afford Forsyth?
To live comfortably in Forsyth, Michigan, a minimum annual income of
$34,560 for a family, and
$29,200 for a single person is recommended.
What does A.I. say about Forsyth?
The cost of living in Forsyth, MI is generally lower than the national average. According to BestPlaces, Forsyth has a cost of living index of 79, which is 21 points lower than the US average. This means that goods and services tend to cost less here than in other parts of the country. Housing costs are also quite affordable here; on average, residents pay around $1,000 for rent and roughly $150,000 for a median-priced home. Overall, Forsyth is an affordable place to live for those on a budget or looking to stretch their money further.