Housing costs in Vevay?
A typical home costs
$259,500, which is 23.2% less expensive than the national average of
$338,100 and 18.7% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Vevay costs
$1,170 per month, which is 18.2% cheaper than the national average of
$1,430 and 6.0% more than the state average of
$1,100.
Can I afford Vevay?
To live comfortably in Vevay, Michigan, a minimum annual income of
$49,680 for a family, and
$38,000 for a single person is recommended.
What does A.I. say about Vevay?
The cost of living in Vevay, MI is quite affordable, with the overall cost of living index coming in at 82.7, which is 18.3 points lower than the national average. The median home price comes in at $113,800 and the median gross rent stands at $665 per month. This makes it a great place to live for those looking to save money while enjoying a peaceful lifestyle. Furthermore, utilities are priced well below the national average and food prices are comparable to other areas in Michigan.