Housing costs in Lincoln township (Midland County)?
A typical home costs
$188,700, which is 44.2% less expensive than the national average of
$338,100 and 13.7% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Lincoln township (Midland County) costs
$990 per month, which is 30.8% more than the national average of
$1,430 and 11.1% more than the state average of
$1,100.
Can I afford Lincoln township (Midland County)?
To live comfortably in Lincoln township (Midland County), Michigan, a minimum annual income of
$36,000 for a family, and
$30,400 for a single person is recommended.
What does A.I. say about Lincoln township (Midland County)?
The cost of living in Lincoln Township (Midland County), MI is generally considered to be quite affordable. Housing costs are lower than the national average, with the median home value of $134,800 and the median rent of $838 per month. Grocery prices are also below the national average, allowing for more money to be left over for other expenses. The overall cost of living index for Lincoln Township is 89.5, which is significantly lower than the U.S. average rating of 100. This makes this area an attractive option for those looking to save money on everyday expenses while still enjoying a comfortable quality of life.