Housing costs in Lansing-East Lansing?
A typical home costs
$194,800, which is 42.4% less expensive than the national average of
$338,100 and 10.9% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Lansing-East Lansing costs
$1,040 per month, which is 27.3% cheaper than the national average of
$1,430 and 5.8% more than the state average of
$1,100.
Can I afford Lansing-East Lansing?
To live comfortably in Lansing-East Lansing Michi Metro Area, Michigan, a minimum annual income of
$37,440 for a family, and
$33,600 for a single person is recommended.
What does A.I. say about Lansing-East Lansing?
The cost of living in Lansing-East Lansing, MI Metro Area is 86.2 which is below the US average of 100. This means that living in this area can be relatively affordable when compared to other places in the country. The median house value in this area is $194,800—significantly lower than the US average of $338,100—which helps to keep costs down even further. All this makes it a great option for those looking for an affordable place to call home.