Housing costs in Ontwa?
A typical home costs
$229,400, which is 32.2% less expensive than the national average of
$338,100 and 4.9% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Ontwa costs
$980 per month, which is 31.5% more than the national average of
$1,430 and 12.2% more than the state average of
$1,100.
Can I afford Ontwa?
To live comfortably in Ontwa, Michigan, a minimum annual income of
$43,920 for a family, and
$32,000 for a single person is recommended.
What does A.I. say about Ontwa?
The cost of living in Ontwa, MI is quite affordable overall. The median home price in the area is around $200,000, and rental prices are similarly affordable at an average of around $1,000 per month. Overall, Ontwa residents can expect to pay lower costs for basic goods and amenities than most other places in the United States. The cost of utilities is also quite reasonable with an average electric bill of just over $100 per month. Additionally, transportation costs are low with gas prices at a national average and no public transportation services currently available in the area. All in all, Ontwa offers a comfortable yet budget-friendly lifestyle for its residents.