Housing costs in Alpena?
A typical home costs
$140,400, which is 58.5% less expensive than the national average of
$338,100 and 35.8% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Alpena 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 Alpena?
To live comfortably in Alpena Michi Metro Area, Michigan, a minimum annual income of
$27,000 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Alpena?
The cost of living in Alpena, MI Metro Area is significantly lower than the US average. According to data from the US Census Bureau, the average cost of living in this area is 73.6, which is 27.4 points lower than the national average of 100. This lower cost of living makes Alpena a great place for people who want to save money while still having access to many amenities. House prices are also much lower than the national average, with the median house value being $140,400 compared to $338,100 across the country. These low costs combined with a variety of recreational activities make Alpena an attractive destination for those looking for an affordable place to live.