Housing costs in Wexford?
A typical home costs
$128,400, which is 62.0% less expensive than the national average of
$338,100 and 41.3% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Wexford costs
$860 per month, which is 39.9% more than the national average of
$1,430 and 27.9% more than the state average of
$1,100.
Can I afford Wexford?
To live comfortably in Wexford, Michigan, a minimum annual income of
$24,480 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Wexford?
The cost of living in Wexford, MI is relatively low compared to other places in the state. The median home value in Wexford is $122,400, which is significantly lower than the state average of $269,200. Additionally, the median household income is about $49,000 annually, which can go a long way when purchasing property or everyday goods and services. Groceries and utility bills are relatively low as well due to the proximity to Lake Michigan and other natural resources that provide low-cost energy options for residents. Overall, Wexford provides a good standard of living at a reasonable price point.