Housing costs in Shorewood-Tower Hills-Harbert?
A typical home costs
$209,600, which is 38.0% less expensive than the national average of
$338,100 and 4.2% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Shorewood-Tower Hills-Harbert costs
$930 per month, which is 35.0% cheaper than the national average of
$1,430 and 18.3% cheaper than the state average of
$1,100.
Can I afford Shorewood-Tower Hills-Harbert?
To live comfortably in Shorewood-Tower Hills-Harbert, Michigan, a minimum annual income of
$40,320 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Shorewood-Tower Hills-Harbert?
The cost of living in Shorewood-Tower Hills-Harbert, MI is generally quite reasonable. Housing costs are lower than the national average, while groceries and transportation costs are slightly higher. On average, a one-bedroom apartment can be found for around $650 per month. Groceries are about 10% higher than the national average, with a gallon of milk costing around $2.50 and a dozen eggs running approximately $2.00. Transportation costs are slightly elevated due to the somewhat remote location, but taking into account gas prices and car maintenance expenses, they remain relatively affordable. All in all, Shorewood-Tower Hills-Harbert, MI is an affordable place to live with a plethora of cultural attractions and natural beauty to enjoy!