Housing costs in Silver Creek?
A typical home costs
$327,900, which is 3.0% less expensive than the national average of
$338,100 and 49.9% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Silver Creek costs
$830 per month, which is 42.0% more than the national average of
$1,430 and 32.5% more than the state average of
$1,100.
Can I afford Silver Creek?
To live comfortably in Silver Creek, Michigan, a minimum annual income of
$63,000 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Silver Creek?
Silver Creek, MI is an affordable place to live. The cost of living in the city is fairly low compared to other cities in the country. Housing costs are especially affordable, with median home prices below the national average and rental prices well-aligned with the area’s economy. Residents here also enjoy relatively low utility costs and transportation costs, as public transportation is readily available and most errands can be accomplished without a car. Additionally, groceries and other common items are priced reasonably. With all these factors taken into account, Silver Creek is an excellent choice for those looking for a comfortable lifestyle at a reasonable cost.