Housing costs in Lambertville?
A typical home costs
$256,800, which is 24.0% less expensive than the national average of
$338,100 and 17.4% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Lambertville costs
$1,200 per month, which is 16.1% cheaper than the national average of
$1,430 and 8.3% more than the state average of
$1,100.
Can I afford Lambertville?
To live comfortably in Lambertville, Michigan, a minimum annual income of
$49,320 for a family, and
$36,400 for a single person is recommended.
What does A.I. say about Lambertville?
The cost of living in Lambertville, MI is relatively inexpensive. Groceries, housing, healthcare, and utilities are all well below the national average. The median home price in Lambertville is around $192,000 which is lower than the US average of $218,000. Additionally, the median household income is about $73,000 which is slightly higher than the US median of $61,000. This means that there is a good balance between wages and expenses in Lambertville. Overall, the cost of living in this community is certainly manageable for those who want to call it home.