Housing costs in Imlay?
A typical home costs
$320,700, which is 5.1% less expensive than the national average of
$338,100 and 46.6% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Imlay costs
$1,020 per month, which is 28.7% cheaper than the national average of
$1,430 and 7.8% cheaper than the state average of
$1,100.
Can I afford Imlay?
To live comfortably in Imlay, Michigan, a minimum annual income of
$61,560 for a family, and
$32,000 for a single person is recommended.
What does A.I. say about Imlay?
The cost of living in Imlay, MI is quite reasonable. The median home value is around $122,000 which is much lower than the national average. In addition, the cost of basic goods and services like groceries, utilities, and healthcare are relatively low. This makes it an attractive option for those looking to move to a smaller city with a more affordable lifestyle. Despite being a small town, there are plenty of amenities available such as restaurants, shopping centers, and entertainment venues. With all these options and its affordable living costs, Imlay is a great place to call home.