Housing costs in Alma?
A typical home costs
$133,200, which is 60.6% less expensive than the national average of
$338,100 and 39.1% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Alma costs
$830 per month, which is 42.0% cheaper than the national average of
$1,430 and 32.5% cheaper than the state average of
$1,100.
Can I afford Alma?
To live comfortably in Alma Michi Metro Area, Michigan, a minimum annual income of
$25,560 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Alma?
The cost of living in the Alma, MI Metro Area is much lower than the US average. At 74.1 out of 100, it is significantly less expensive to live in Alma compared to the US average of 100. This is especially helpful when considering housing costs, as the median value for a house in this area is only $133200, while the national average is substantially higher at $338100. With such low living expenses and housing prices, it’s no wonder that people are looking to move to Alma for a more affordable lifestyle.