Housing costs in Indian River?
A typical home costs
$205,700, which is 39.2% less expensive than the national average of
$338,100 and 5.9% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Indian River costs
$850 per month, which is 40.6% cheaper than the national average of
$1,430 and 29.4% cheaper than the state average of
$1,100.
Can I afford Indian River?
To live comfortably in Indian River, Michigan, a minimum annual income of
$39,240 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Indian River?
The cost of living in Indian River, MI is quite affordable. It is much lower than the national average, and has remained consistent over the last few years. The city offers a wide range of housing options, from single family homes to apartments and condos. Prices range from very affordable to fairly expensive depending on location, size, and amenities. There are also plenty of stores and restaurants that offer goods at reasonable prices. In addition, groceries can be purchased for cost-efficient prices at local markets. Indian River is an excellent place to live for those looking for an affordable lifestyle without sacrificing quality of life.