Housing costs in Oceola?
A typical home costs
$382,600, which is 13.2% more expensive than the national average of
$338,100 and 74.9% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Oceola costs
$1,390 per month, which is 2.8% cheaper than the national average of
$1,430 and 20.9% more than the state average of
$1,100.
Can I afford Oceola?
To live comfortably in Oceola, Michigan, a minimum annual income of
$73,440 for a family, and
$46,800 for a single person is recommended.
What does A.I. say about Oceola?
The cost of living in Oceola, MI is relatively low and affordable. The median home price is $164,000, and the average rental price for a single-family home is around $1,000 per month. The unemployment rate in the area is also low at 4.2%, which indicates that the job market in Oceola is strong. Prices for goods and services are generally lower than other parts of Michigan, making it a great place for those looking to move to an affordable and safe locale.