Housing costs in Sharon?
A typical home costs
$420,600, which is 24.4% more expensive than the national average of
$338,100 and 92.3% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Sharon costs
$1,140 per month, which is 20.3% cheaper than the national average of
$1,430 and 3.5% more than the state average of
$1,100.
Can I afford Sharon?
To live comfortably in Sharon, Michigan, a minimum annual income of
$80,640 for a family, and
$38,400 for a single person is recommended.
What does A.I. say about Sharon?
The cost of living in Sharon, MI is slightly above the national average. Housing costs tend to be higher than most other areas of Michigan due to the fact that it is a suburban area. The median home price in Sharon, MI is around $400,000. Utilities are also generally more expensive than average as well. Despite being a bit pricier, the overall cost of living in Sharon is still reasonable and offers amenities such as good schools, shopping choices, and entertainment options that make it attractive to people looking to move into the area.