Housing costs in Mount Forest?
A typical home costs
$207,000, which is 38.8% less expensive than the national average of
$338,100 and 5.3% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Mount Forest costs
$1,050 per month, which is 26.6% cheaper than the national average of
$1,430 and 4.8% cheaper than the state average of
$1,100.
Can I afford Mount Forest?
To live comfortably in Mount Forest, Michigan, a minimum annual income of
$39,600 for a family, and
$32,400 for a single person is recommended.
What does A.I. say about Mount Forest?
The cost of living in Mount Forest, MI is generally considered to be quite affordable. The median household income is slightly below the national average, with housing costs being especially competitive. Housing expenses are 11% lower than the national average and groceries 5% lower, making it an attractive option for those looking for a good value. Furthermore, utilities and transportation costs are both more affordable than the national averages as well. All in all, Mount Forest provides an ideal combination of affordability and quality of life that make it a great place to live.