Housing costs in Warren?
A typical home costs
$220,400, which is 34.8% less expensive than the national average of
$338,100 and 0.8% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Warren costs
$1,160 per month, which is 5.5% more than the national average of
$1,100 and 5.2% cheaper than the state average of
$1,220.
Can I afford Warren?
To live comfortably in Warren (zip 48088), Michigan, a minimum annual income of
$42,120 for a family, and
$36,400 for a single person is recommended.
What does A.I. say about Warren?
The cost of living in 48088 Warren, MI is relatively low compared to other areas in the United States. According to the Cost of Living Index, 48088 Warren has a score of 87.3, which is lower than the US average of 100. This area offers an above-average quality of life at an affordable cost due to its low housing prices and overall cost of goods and services. Additionally, Electric bills tend to be lower than other states, averaging about $125 per month. The overall cost of living is quite reasonable making it a wonderful place to live for those on a budget or simply looking for a great quality of life with more money in their pocket.