Housing costs in Dearborn Heights?
A typical home costs
$216,700, which is 35.9% less expensive than the national average of
$338,100 and 0.9% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Dearborn Heights costs
$1,260 per month, which is 14.5% more than the national average of
$1,100 and 3.2% more than the state average of
$1,220.
Can I afford Dearborn Heights?
To live comfortably in Dearborn Heights (zip 48127), Michigan, a minimum annual income of
$41,400 for a family, and
$39,600 for a single person is recommended.
What does A.I. say about Dearborn Heights?
The cost of living in 48127 Dearborn Heights, MI is relatively low compared to other parts of the state. The median home value is $84,200 and the median monthly rent is $785. The overall cost of goods and services are well below the national average, making it an attractive option for those looking for affordable housing. Groceries, health care, utilities, transportation and entertainment are all priced reasonably throughout the area. Additionally, property taxes are relatively low when compared to other cities in Michigan. All of these factors make Dearborn Heights a great place to live while keeping your cost of living within a reasonable budget.