Housing costs in Hopkins?
A typical home costs
$239,400, which is 29.2% less expensive than the national average of
$338,100 and 9.5% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Hopkins costs
$950 per month, which is 33.6% cheaper than the national average of
$1,430 and 15.8% cheaper than the state average of
$1,100.
Can I afford Hopkins?
To live comfortably in Hopkins, Michigan, a minimum annual income of
$45,720 for a family, and
$28,800 for a single person is recommended.
What does A.I. say about Hopkins?
The cost of living in Hopkins, MI is significantly lower than the national average. Housing costs are well below the average, making it an ideal place for those looking to buy a home or rent. The median home value in Hopkins is approximately $90,500, while the median rental cost is around $800 per month. In addition to low housing costs, other everyday expenses such as groceries and transportation are also relatively affordable. This makes Hopkins an attractive option for those looking to stretch their money further.