Housing costs in South Rockwood?
A typical home costs
$260,300, which is 23.0% less expensive than the national average of
$338,100 and 19.0% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in South Rockwood costs
$1,380 per month, which is 3.5% cheaper than the national average of
$1,430 and 20.3% more than the state average of
$1,100.
Can I afford South Rockwood?
To live comfortably in South Rockwood, Michigan, a minimum annual income of
$50,040 for a family, and
$42,000 for a single person is recommended.
What does A.I. say about South Rockwood?
The cost of living in South Rockwood, MI is relatively low compared to other areas. The median home price in the city is just under $175,000, which is much lower than the national median. Additionally, food costs are relatively affordable and utilities are manageable. Property taxes are also reasonable, with a millage rate of 18 mills as of 2019. Overall, South Rockwood is an attractive place to live due to its affordability, making it an ideal option for those looking for a comfortable lifestyle without breaking the bank.