Housing costs in Montgomery?
A typical home costs
$83,200, which is 75.4% less expensive than the national average of
$338,100 and 62.0% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Montgomery costs
$840 per month, which is 41.3% cheaper than the national average of
$1,430 and 31.0% cheaper than the state average of
$1,100.
Can I afford Montgomery?
To live comfortably in Montgomery, Michigan, a minimum annual income of
$15,840 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Montgomery?
The cost of living in Montgomery, MI is relatively affordable compared to other parts of the country. The median home price in the city is just under $220,000 and the average rent for a two-bedroom apartment is around $1,000 per month. The area has a variety of restaurants that offer both casual and upscale options at reasonable prices; additionally, many grocery stores in the area offer discounts and specials throughout the year. Overall, Montgomery provides an affordable lifestyle while maintaining a safe and enjoyable community atmosphere.