Housing costs in Kalamazoo-Portage?
A typical home costs
$231,100, which is 31.6% less expensive than the national average of
$338,100 and 5.7% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Kalamazoo-Portage costs
$1,050 per month, which is 26.6% cheaper than the national average of
$1,430 and 4.8% cheaper than the state average of
$1,100.
Can I afford Kalamazoo-Portage?
To live comfortably in Kalamazoo-Portage Michi Metro Area, Michigan, a minimum annual income of
$44,280 for a family, and
$34,400 for a single person is recommended.
What does A.I. say about Kalamazoo-Portage?
The cost of living in the Kalamazoo-Portage, MI Metro Area is quite low compared to the average US cost of living. According to statistics, the average house median value in this area is $231,100 which is far below the US average house value of $338,100. At 87.6, the cost of living in Kalamazoo-Portage is 13.4 points lower than the US average cost of living at 100. This lower cost of living makes this area an attractive destination for those looking to buy a home and settle down in a city with plenty to offer while still saving money in comparison to other parts of the country.