Housing costs in New Haven?
A typical home costs
$273,900, which is 19.0% less expensive than the national average of
$338,100 and 25.2% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in New Haven costs
$1,310 per month, which is 8.4% cheaper than the national average of
$1,430 and 16.0% more than the state average of
$1,100.
Can I afford New Haven?
To live comfortably in New Haven, Michigan, a minimum annual income of
$52,560 for a family, and
$41,200 for a single person is recommended.
What does A.I. say about New Haven?
New Haven, MI is an affordable place to live. The cost of living in New Haven is 6% lower than the national average, making it an attractive option for those looking to save money. Rent is affordable, with median one-bedroom apartment rents averaging around $750 a month. Groceries and transportation costs are also quite reasonable. Gas prices are typically lower than the national average, and groceries are about 10% cheaper than the national average. Utility costs are slightly higher than the national averages, but still remain relatively low overall. All in all, New Haven offers a great cost of living for those looking for an affordable place to live.