Housing costs in Yale?
A typical home costs
$203,200, which is 39.9% less expensive than the national average of
$338,100 and 7.1% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Yale costs
$1,010 per month, which is 29.4% cheaper than the national average of
$1,430 and 8.9% cheaper than the state average of
$1,100.
Can I afford Yale?
To live comfortably in Yale, Michigan, a minimum annual income of
$38,880 for a family, and
$31,600 for a single person is recommended.
What does A.I. say about Yale?
The cost of living in Yale, MI is quite affordable. According to the Council for Community and Economic Research, the city’s cost of living index is 6.8% lower than the national average. Additionally, housing costs are approximately 5.8% lower than the median home price across the United States. This makes Yale an attractive location for those looking to relocate or purchase a property without spending a fortune. Furthermore, all public utilities included in Yale’s city limits are well maintained and kept up to date with modern times - from gas and electric services to water and sewer lines - providing residents with reliable accommodations at an incredibly low cost.