Housing costs in Bad Axe?
A typical home costs
$126,800, which is 62.5% less expensive than the national average of
$338,100 and 42.0% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Bad Axe costs
$800 per month, which is 44.1% cheaper than the national average of
$1,430 and 37.5% cheaper than the state average of
$1,100.
Can I afford Bad Axe?
To live comfortably in Bad Axe (zip 48413), Michigan, a minimum annual income of
$24,120 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Bad Axe?
The cost of living in 48413 Bad Axe, MI is relatively low compared to the national average. The average consumer price index for the area is 96.6, which is 4.4 percent lower than the U.S. average of 100. In terms of housing expenses, the median home value in 48413 Bad Axe, MI is $95,500—which is 7 percent lower than the national median home value of $102,400. Renters will find that rental prices are also much lower than the national average; with a median rent of $728 per month compared to the U.S. median rent of $904 per month. Other necessities such as utilities and food are also more affordable in this region of Michigan than most other areas across the country.