Housing costs in Detroit?
A typical home costs
$54,000, which is 84.0% less expensive than the national average of
$338,100 and 75.3% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Detroit costs
$1,010 per month, which is 8.2% cheaper than the national average of
$1,100 and 20.8% cheaper than the state average of
$1,220.
Can I afford Detroit?
To live comfortably in Detroit (zip 48210), Michigan, a minimum annual income of
$10,440 for a family, and
$31,600 for a single person is recommended.
What does A.I. say about Detroit?
The cost of living in 48210 Detroit, MI is relatively inexpensive when compared to other cities throughout the United States. The median home cost in 48210 Detroit is $61,900, which is significantly lower than the national median home cost of about $200,000. Groceries and health care are moderately priced in Detroit, while housing costs remain affordable. In addition, the average cost of utilities for a two-bedroom apartment in 48210 Detroit is just over $150 per month. Overall, living in 48210 Detroit provides an affordable option for those looking to settle into a community with good access to amenities and services.