Housing costs in Platte?
A typical home costs
$337,400, which is 0.2% less expensive than the national average of
$338,100 and 54.3% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Platte costs
$990 per month, which is 30.8% more than the national average of
$1,430 and 11.1% more than the state average of
$1,100.
Can I afford Platte?
To live comfortably in Platte, Michigan, a minimum annual income of
$64,800 for a family, and
$30,000 for a single person is recommended.
What does A.I. say about Platte?
The cost of living in Platte, MI is very reasonable. The median home value is just under $100,000 and the average rent for a two bedroom apartment is around $600 per month. Utilities are also very affordable with electricity and gas coming in at just over $100 per month on average. Groceries are also reasonably priced, with an estimated market basket total of around $200 per month for a family of four. Overall, Platte, MI is a great place to live as it offers plenty of amenities at a very affordable price.