Housing costs in Powers?
A typical home costs
$108,300, which is 68.0% less expensive than the national average of
$338,100 and 50.5% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Powers costs
$730 per month, which is 49.0% cheaper than the national average of
$1,430 and 50.7% cheaper than the state average of
$1,100.
Can I afford Powers?
To live comfortably in Powers, Michigan, a minimum annual income of
$20,880 for a family, and
$24,400 for a single person is recommended.
What does A.I. say about Powers?
The cost of living in Powers, MI is relatively affordable compared to other cities in Michigan. The median income for a household in Powers is $36,577 and the median home value is around $92,400. Although housing costs are relatively low, there are still plenty of amenities available in town such as grocery stores, restaurants, shops, and entertainment venues. The overall cost of living index for Powers is 86.4 which is slightly lower than the US average index of 100. This makes it a great place to live for those on a budget or who are looking to save money while still being able to enjoy their lifestyle.