Housing costs in Spring Arbor?
A typical home costs
$244,000, which is 27.8% less expensive than the national average of
$338,100 and 11.6% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Spring Arbor costs
$830 per month, which is 42.0% cheaper than the national average of
$1,430 and 32.5% cheaper than the state average of
$1,100.
Can I afford Spring Arbor?
To live comfortably in Spring Arbor (zip 49283), Michigan, a minimum annual income of
$46,800 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Spring Arbor?
The cost of living in 49283 Spring Arbor, MI is relatively low with the cost of housing 12% less than the national average. The median home price is $186,000 and utilities are also very affordable. Additionally, food costs are about 10% lower than the national average, making groceries more affordable for locals. Overall, living in this area can be very inexpensive compared to other cities in Michigan or the United States. With a combination of generally lower costs of living and the beautiful scenery that comes with 49283 Spring Arbor, MI it makes for an excellent place to call home.