Housing costs in Gibson?
A typical home costs
$194,300, which is 42.5% less expensive than the national average of
$338,100 and 11.2% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Gibson costs
$980 per month, which is 31.5% more than the national average of
$1,430 and 12.2% more than the state average of
$1,100.
Can I afford Gibson?
To live comfortably in Gibson, Michigan, a minimum annual income of
$37,080 for a family, and
$30,800 for a single person is recommended.
What does A.I. say about Gibson?
The cost of living in Gibson, MI is relatively low compared to other areas in the country. The median home value is $93,400, which is much lower than the national median home value of $231,200. Additionally, the average cost of groceries and goods in the area is 10% lower than the national average, making it a great place to live for those on a budget. The overall cost of living index for Gibson is 78.1 out of 100, which means it's nearly 20% cheaper to live there than other areas with an index rating of 100.