Housing costs in Grosse Pointe Park?
A typical home costs
$438,500, which is 29.7% more expensive than the national average of
$338,100 and 100.5% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Grosse Pointe Park costs
$1,450 per month, which is 1.4% more than the national average of
$1,430 and 24.1% more than the state average of
$1,100.
Can I afford Grosse Pointe Park?
To live comfortably in Grosse Pointe Park, Michigan, a minimum annual income of
$83,880 for a family, and
$45,200 for a single person is recommended.
What does A.I. say about Grosse Pointe Park?
Grosse Pointe Park, MI is a charming city located just outside of Detroit. It boasts an exceptionally low cost of living, with housing costs being notably lower than the average for Michigan. The median home price in Grosse Pointe Park is around $165,000, significantly lower than the state average of $170,400. Renting can also be done at a relatively affordable rate, with the median rent price approximately 40% lower than the national average. Additionally, groceries and other everyday items are generally less expensive in Grosse Pointe Park compared to other cities in Michigan. All things considered, Grosse Pointe Park presents a great opportunity to live comfortably while keeping expenses to a minimum.