Housing costs in Addison?
A typical home costs
$206,700, which is 38.9% less expensive than the national average of
$338,100 and 5.5% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Addison costs
$890 per month, which is 37.8% cheaper than the national average of
$1,430 and 23.6% cheaper than the state average of
$1,100.
Can I afford Addison?
To live comfortably in Addison (zip 49220), Michigan, a minimum annual income of
$39,600 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Addison?
The cost of living in Addison, MI (49220) is generally on the lower side when compared to other cities in the state. The median home price is around $81,400, with monthly rent averaging about $680 for a one-bedroom apartment. Utilities are relatively inexpensive, and the overall cost of groceries, transportation, and other necessities remains low. Additionally, many businesses are located nearby, which makes it easy to find work within the area and further keep living costs down. All told, Addison is a great place to settle if you're looking for an affordable place to live in Michigan.