Housing costs in Weidman?
A typical home costs
$131,900, which is 61.0% less expensive than the national average of
$338,100 and 39.7% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Weidman costs
$900 per month, which is 37.1% cheaper than the national average of
$1,430 and 22.2% cheaper than the state average of
$1,100.
Can I afford Weidman?
To live comfortably in Weidman, Michigan, a minimum annual income of
$25,200 for a family, and
$30,800 for a single person is recommended.
What does A.I. say about Weidman?
The cost of living in Weidman, MI is quite reasonable. Groceries and other necessities can be found at a reasonable price, and the median home value is just over $100,000. Renters pay around $650 monthly on average for an apartment or home rental. The city has property tax rates that are slightly higher than the national average but still lower than many other regions in Michigan. Further, while there is no sales tax on groceries, there are taxes on gas and other items that help keep the economic balance in check. All in all, living costs in Weidman provide a great value for families looking to move into the area.