Housing costs in Woodstock?
A typical home costs
$275,500, which is 18.5% less expensive than the national average of
$338,100 and 26.0% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Woodstock costs
$940 per month, which is 34.3% more than the national average of
$1,430 and 17.0% more than the state average of
$1,100.
Can I afford Woodstock?
To live comfortably in Woodstock, Michigan, a minimum annual income of
$52,920 for a family, and
$30,400 for a single person is recommended.
What does A.I. say about Woodstock?
Woodstock, MI is a relatively affordable place to live compared to other parts of the country. The cost of living index for the city is 86.2, which is nearly 14 points lower than the national average of 100. Housing costs in Woodstock are significantly lower than many other cities, with median home values just over $93,000 and monthly rent prices averaging around $765 for a one-bedroom apartment. Utilities and groceries also tend to be more affordable in Woodstock than other areas of Michigan. In general, the cost of living in Woodstock is much lower than other parts of the state and allows residents to enjoy a comfortable lifestyle without breaking their budget.