Housing costs in Cadillac?
A typical home costs
$166,400, which is 50.8% less expensive than the national average of
$338,100 and 23.9% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Cadillac costs
$860 per month, which is 39.9% cheaper than the national average of
$1,430 and 27.9% cheaper than the state average of
$1,100.
Can I afford Cadillac?
To live comfortably in Cadillac Michi Metro Area, Michigan, a minimum annual income of
$32,040 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Cadillac?
The cost of living in the Cadillac, MI Metro Area is significantly lower than the US average. With a Cost of Living index of 76.6, the area is 24.4 points below the national rate and represents a considerable savings for those looking to buy a home or relocate to this area. This affordability is reflected in the median house value of $166,400 which is over $170,000 less than the national median house value. Considering these factors, Cadillac, MI Metro Area is an attractive option for people looking for an affordable place to live in the United States.