Housing costs in Honor?
A typical home costs
$315,500, which is 6.7% less expensive than the national average of
$338,100 and 44.3% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Honor costs
$990 per month, which is 30.8% cheaper than the national average of
$1,430 and 11.1% cheaper than the state average of
$1,100.
Can I afford Honor?
To live comfortably in Honor, Michigan, a minimum annual income of
$60,480 for a family, and
$30,000 for a single person is recommended.
What does A.I. say about Honor?
The cost of living in Honor, MI is relatively low compared to other cities in Michigan and the United States. Median home prices are around $125,000, which is significantly lower than the U.S. median of $231,000. Renters also benefit from affordable prices; the median rent price for a one-bedroom apartment is only around $550 per month. In addition, groceries and utilities are both inexpensive compared to the national average. With its low cost of living and peaceful atmosphere, Honor is an attractive option for those looking for an affordable place to live in Michigan.