Housing costs in St. Charles?
A typical home costs
$111,500, which is 67.0% less expensive than the national average of
$338,100 and 49.0% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in St. Charles costs
$870 per month, which is 39.2% cheaper than the national average of
$1,430 and 26.4% cheaper than the state average of
$1,100.
Can I afford St. Charles?
To live comfortably in St. Charles, Michigan, a minimum annual income of
$21,240 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about St. Charles?
The cost of living in St. Charles, MI is quite affordable compared to other cities in the United States. According to BestPlaces, the overall cost of living index for St. Charles is 67.9 which is lower than the US average of 100. Housing costs make up a large portion of the cost of living with an average monthly rent for a one-bedroom apartment costing around $400 per month and a three-bedroom apartment costing around $650 per month. Groceries also tend to be relatively affordable with prices for staple items such as bread and milk being comparable or even slightly lower than the national average. All in all, St. Charles offers residents an excellent quality of life at an affordable price point that makes it a great choice for those looking to live in Michigan without breaking the bank.