Housing costs in Dearborn Heights?
A typical home costs
$136,600, which is 59.6% less expensive than the national average of
$338,100 and 37.5% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Dearborn Heights costs
$1,380 per month, which is 25.5% more than the national average of
$1,100 and 11.6% more than the state average of
$1,220.
Can I afford Dearborn Heights?
To live comfortably in Dearborn Heights (zip 48125), Michigan, a minimum annual income of
$26,280 for a family, and
$43,200 for a single person is recommended.
What does A.I. say about Dearborn Heights?
The cost of living in 48125 Dearborn Heights, MI is quite reasonable. According to the most recent data collected from BestPlaces, a website that collects information about cities around the world, the total cost of living index in this zip code is rated as 88.17 out of 100. This score indicates that the overall cost of living is slightly less than the United States average of 100, making it an affordable place to live. Housing costs are also relatively low at 57.14 out of 100. The median home price in this zip code is $187,000 and rent prices are quite cheap at an average of $873 per month. Additionally, groceries and transportation costs are also rated below the national average which makes it a great place for those looking to save money while maintaining a high standard of living.