Housing costs in Fostoria?
A typical home costs
$141,100, which is 58.3% less expensive than the national average of
$338,100 and 35.5% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Fostoria costs
$910 per month, which is 36.4% cheaper than the national average of
$1,430 and 20.9% cheaper than the state average of
$1,100.
Can I afford Fostoria?
To live comfortably in Fostoria, Michigan, a minimum annual income of
$27,000 for a family, and
$30,400 for a single person is recommended.
What does A.I. say about Fostoria?
The cost of living in Fostoria, MI is relatively reasonable compared to other cities. The median home value is around $129,400, which is quite affordable when considering that the Michigan average home value is $191,300. Additionally, the estimated median household income of around $60,945 and the estimated median rent of around $848 are both lower than national averages. Therefore, those looking for a place to settle down with an affordable cost of living should consider Fostoria as an attractive option.