Housing costs in Romeo?
A typical home costs
$358,000, which is 5.9% more expensive than the national average of
$338,100 and 63.7% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Romeo costs
$1,160 per month, which is 18.9% cheaper than the national average of
$1,430 and 5.2% more than the state average of
$1,100.
Can I afford Romeo?
To live comfortably in Romeo, Michigan, a minimum annual income of
$68,760 for a family, and
$36,400 for a single person is recommended.
What does A.I. say about Romeo?
The cost of living in Romeo, MI is quite reasonable, making it an ideal place to live for those who need to budget their money. The median home value is $236,500, which is lower than the national average, and the median household income is about $74,350. Furthermore, groceries, health care costs, and utilities are all quite affordable as well. Overall, residents can expect a good quality of life with moderate living expenses.