Housing costs in Allen Park?
A typical home costs
$175,700, which is 48.0% less expensive than the national average of
$338,100 and 19.7% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Allen Park costs
$1,210 per month, which is 10.0% more than the national average of
$1,100 and close to the state average of
$1,220.
Can I afford Allen Park?
To live comfortably in Allen Park (zip 48101), Michigan, a minimum annual income of
$33,840 for a family, and
$38,000 for a single person is recommended.
What does A.I. say about Allen Park?
The cost of living in 48101 Allen Park, MI is quite affordable. According to BestPlaces, the cost of living index is about 87.8 which is 14% lower than the United States average. Groceries are 7.6% lower than the national average while housing costs are 29.3% lower. Other expenses such as transportation and utilities are also below the national averages (7.3% and 3.9%, respectively). This makes 48101 a great place to live for those who want to save money without sacrificing amenities or quality of life.