Housing costs in Canton?
A typical home costs
$350,200, which is 3.6% more expensive than the national average of
$338,100 and 60.1% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Canton costs
$1,690 per month, which is 18.2% more than the national average of
$1,430 and 34.9% more than the state average of
$1,100.
Can I afford Canton?
To live comfortably in Canton (zip 48188), Michigan, a minimum annual income of
$66,960 for a family, and
$53,200 for a single person is recommended.
What does A.I. say about Canton?
The cost of living in 48188 Canton, MI is quite affordable. The city has a median home price of $244,800, which is well below the national average of $300,000. Property taxes in Canton are also relatively low compared to other regions across the country. Additionally, the cost of groceries and other essentials is low as well, making it an ideal place for those looking to save money on their living expenses. Furthermore, the unemployment rate in Canton is 3.5%, which is significantly lower than the US average of 3.7%. This means that more people can access stable and reliable jobs here. All in all, 48188 Canton provides an affordable and secure environment for residents who want to save money on their living costs.