Housing costs in Ovid?
A typical home costs
$170,900, which is 49.5% less expensive than the national average of
$338,100 and 21.9% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Ovid costs
$870 per month, which is 39.2% cheaper than the national average of
$1,430 and 26.4% cheaper than the state average of
$1,100.
Can I afford Ovid?
To live comfortably in Ovid, Michigan, a minimum annual income of
$32,760 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Ovid?
The cost of living in Ovid, MI is relatively affordable compared to other areas in the US. According to the Cost of Living Index (COLI), Ovid's overall cost of living index is 16 points lower than the national average. Rent for a one bedroom apartment averages around $600 per month, and groceries are about 12% lower than the national average. Utilities are slightly more expensive than the national average, but still affordable at just over 10%. With its low cost of living, Ovid is an excellent place to live for those on a budget.