Housing costs in Ravenna?
A typical home costs
$241,400, which is 28.6% less expensive than the national average of
$338,100 and 10.4% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Ravenna costs
$970 per month, which is 32.2% cheaper than the national average of
$1,430 and 13.4% cheaper than the state average of
$1,100.
Can I afford Ravenna?
To live comfortably in Ravenna, Michigan, a minimum annual income of
$46,080 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about Ravenna?
Ravenna, MI is an affordable place to live. The cost of living in this small town is very reasonable, with the median home price hovering around $90,000 and the median rent being just over $700 per month. Additionally, the area has low taxes and utility costs are also fairly low. Overall, Ravenna offers a great quality of life for those looking for an affordable place to call home.