Housing costs in Goodrich?
A typical home costs
$318,700, which is 5.7% less expensive than the national average of
$338,100 and 45.7% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Goodrich costs
$1,390 per month, which is 2.8% cheaper than the national average of
$1,430 and 20.9% more than the state average of
$1,100.
Can I afford Goodrich?
To live comfortably in Goodrich, Michigan, a minimum annual income of
$61,200 for a family, and
$44,400 for a single person is recommended.
What does A.I. say about Goodrich?
The cost of living in Goodrich, MI is relatively affordable compared to other parts of the country. According to the Cost of Living Index (COLI), the cost of living in Goodrich is lower than both Michigan's and the United States' average. The median home value for homes in Goodrich is $179,000 which is significantly lower than median home value averages across Michigan and the United States. In addition, grocery prices, transportation costs, and utilities are all below both national and state averages. This makes Goodrich a great option for those looking for an affordable place to live with access to amenities and close proximity to larger cities.