Housing costs in Almont?
A typical home costs
$278,500, which is 17.6% less expensive than the national average of
$338,100 and 27.3% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Almont costs
$1,080 per month, which is 24.5% cheaper than the national average of
$1,430 and close to the state average of
$1,100.
Can I afford Almont?
To live comfortably in Almont (zip 48003), Michigan, a minimum annual income of
$53,280 for a family, and
$33,600 for a single person is recommended.
What does A.I. say about Almont?
The cost of living in 48003 Almont, MI is relatively affordable compared to other cities and towns in Michigan. The median home price in Almont is around $150,000, which is significantly lower than the national average. Additionally, the overall cost of goods and services in Almont are cheaper than most areas. The median household income for residents of Almont stands at around $72,000 annually, which is slightly higher than the national average. With its low-cost housing options and less expensive than average cost of living, 48003 Almont provides an excellent opportunity to live comfortably on a budget.