Housing costs in New Haven?
A typical home costs
$264,300, which is 21.8% less expensive than the national average of
$338,100 and 20.9% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in New Haven costs
$1,330 per month, which is 7.0% cheaper than the national average of
$1,430 and 17.3% more than the state average of
$1,100.
Can I afford New Haven?
To live comfortably in New Haven (zip 48048), Michigan, a minimum annual income of
$50,760 for a family, and
$42,000 for a single person is recommended.
What does A.I. say about New Haven?
The cost of living in 48048 New Haven, MI is quite reasonable. The area has a median home value of $153,500, and median rent is around $1,023 per month. Additionally, groceries are reasonably priced with the local grocery store averaging about $2.76 per item. Transportation costs are also affordable with gas costing around $2.55 per gallon and public transportation providing reasonable access to the area for just $1.50 a ride. Overall, the cost of living in 48048 New Haven, MI is quite manageable for those who live and work there.