Housing costs in Stephenson?
A typical home costs
$138,500, which is 59.0% less expensive than the national average of
$338,100 and 36.7% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Stephenson costs
$850 per month, which is 40.6% cheaper than the national average of
$1,430 and 29.4% cheaper than the state average of
$1,100.
Can I afford Stephenson?
To live comfortably in Stephenson, Michigan, a minimum annual income of
$26,640 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Stephenson?
The cost of living in Stephenson, MI is generally quite reasonable. The average price of a home is around $80,000, which is lower than the national average. Renters can expect to find affordable apartments and other rental homes for an average of around $600 monthly. Groceries and other necessities are also competitively priced, making it easy to save money while living in Stephenville. The area boasts a wide range of restaurants, bars, and entertainment options that make life both fun and affordable. All in all, Stephenson offers great value for the money when it comes to housing costs and quality of life.