Housing costs in Raisin?
A typical home costs
$226,100, which is 33.1% less expensive than the national average of
$338,100 and 3.4% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Raisin costs
$920 per month, which is 35.7% more than the national average of
$1,430 and 19.6% more than the state average of
$1,100.
Can I afford Raisin?
To live comfortably in Raisin, Michigan, a minimum annual income of
$43,200 for a family, and
$29,200 for a single person is recommended.
What does A.I. say about Raisin?
Raisin, MI is a great place to live for those looking for an affordable cost of living. The overall cost of living index rate in Raisin is lower than the Michigan average, making it more budget-friendly than other cities in the area. Housing costs are especially low compared to other cities, with the median home price coming in at around $134,000. Additionally, there are plenty of job opportunities in Raisin due to its strong manufacturing and educational industries. With these lower costs of living and good job opportunities, Raisin is a great choice for those looking to make their dream of homeownership a reality without breaking the bank.