Housing costs in Mendon township?
A typical home costs
$207,300, which is 38.7% less expensive than the national average of
$338,100 and 5.2% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Mendon township costs
$1,000 per month, which is 30.1% cheaper than the national average of
$1,430 and 10.0% cheaper than the state average of
$1,100.
Can I afford Mendon township?
To live comfortably in Mendon township, Michigan, a minimum annual income of
$39,600 for a family, and
$30,800 for a single person is recommended.
What does A.I. say about Mendon township?
The cost of living in Mendon Township, MI is relatively low compared to other areas in the state. The median home value is only $106,200, significantly lower than the Michigan average of $169,100. Furthermore, the median household income is $74,788 which is much higher than the national average. This allows residents to enjoy a higher quality of life without having to sacrifice too much of their earnings. Additionally, there are no sales taxes on general purchases or groceries, and utility bills are also reasonable. Overall, Mendon Township offers an affordable cost of living that can be enjoyed by both individuals and families alike.