Housing costs in Owendale?
A typical home costs
$87,100, which is 74.2% less expensive than the national average of
$338,100 and 60.2% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Owendale costs
$830 per month, which is 42.0% cheaper than the national average of
$1,430 and 32.5% cheaper than the state average of
$1,100.
Can I afford Owendale?
To live comfortably in Owendale, Michigan, a minimum annual income of
$16,560 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Owendale?
Living in Owendale, MI is relatively affordable. The cost of living index is 7% lower than the national average, meaning prices are lower for food, transportation, health care and other essentials. Moreover, property taxes are some of the lowest in Michigan at just 1.1%. Additionally, utilities are generally quite low and the median home price is around $142,700 - a great bargain for anyone looking to purchase a home. All in all, Owendale provides a great opportunity to enjoy a good quality of life without having to break the bank.