Housing costs in North Branch?
A typical home costs
$210,100, which is 37.9% less expensive than the national average of
$338,100 and 3.9% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in North Branch costs
$1,100 per month, which is 23.1% cheaper than the national average of
$1,430 and close to the state average of
$1,100.
Can I afford North Branch?
To live comfortably in North Branch, Michigan, a minimum annual income of
$40,320 for a family, and
$34,400 for a single person is recommended.
What does A.I. say about North Branch?
The cost of living in North Branch, MI is very reasonable compared to the national average. The median home value is $135,100, with housing prices generally remaining lower than in many nearby cities and towns. The overall cost of living index is at 89.5, which is 11.5% lower than the U.S. average. Additionally, groceries and other essential items like utilities tend to be a bit cheaper as well. This makes North Branch an attractive option for those looking to relocate without having to worry about the high costs associated with more densely-populated areas in Michigan and elsewhere across the country.