Housing costs in Jackson?
A typical home costs
$182,600, which is 46.0% less expensive than the national average of
$338,100 and 16.5% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Jackson costs
$990 per month, which is 30.8% cheaper than the national average of
$1,430 and 11.1% cheaper than the state average of
$1,100.
Can I afford Jackson?
To live comfortably in Jackson Michi Metro Area, Michigan, a minimum annual income of
$34,920 for a family, and
$33,200 for a single person is recommended.
What does A.I. say about Jackson?
The cost of living in the Jackson, MI Metro Area is below the US average at 85.2 compared to 100. This is due primarily to the house median value being significantly lower than the US average, at $182,600 compared to $338,100. Residents of the Jackson Metro Area can benefit from this when it comes to housing costs, with a lower overall cost of living and more affordable real estate prices.