Housing costs in Rochester Hills?
A typical home costs
$490,200, which is 45.0% more expensive than the national average of
$338,100 and 124.1% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Rochester Hills costs
$1,280 per month, which is 16.4% more than the national average of
$1,100 and 4.7% more than the state average of
$1,220.
Can I afford Rochester Hills?
To live comfortably in Rochester Hills (zip 48306), Michigan, a minimum annual income of
$93,960 for a family, and
$40,000 for a single person is recommended.
What does A.I. say about Rochester Hills?
equestId:a70f1b06-38b7-4abd-abed-2820f5e0cb36,resource:content,data:[{id:txt_fab28c32c58f4c88baae443051972ad4,text:\n \nThe cost of living in 48306 Rochester Hills, MI is above the national average. The median home value is approximately $286,500 and the median rent for a two-bedroom apartment is about $1,450. Utility costs are also quite expensive in this area with the average electricity bill sitting around $170 per month. Groceries tend to be around 10% more than the national average as well. Overall, living in Rochester Hills can be quite expensive but for those that can afford it, there are some of the best schools in Michigan located in this city.