Housing costs in Bangor?
A typical home costs
$127,700, which is 62.2% less expensive than the national average of
$338,100 and 41.6% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Bangor costs
$850 per month, which is 22.7% cheaper than the national average of
$1,100 and 23.5% cheaper than the state average of
$1,050.
Can I afford Bangor?
To live comfortably in Bangor (zip 49013), Michigan, a minimum annual income of
$24,480 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Bangor?
Bangor, MI is a great place to live due to its reasonable cost of living. The median home value in 49013 is about $99,000, which is well below the national average. Additionally, the median household income of about $44,300 is also lower than the national average. This makes it an ideal location for people looking for a low-cost place to live. Utilities are relatively inexpensive and transportation costs are quite low due to Bangor's close proximity to larger cities like Grand Rapids and Kalamazoo. All these factors make Bangor an affordable and attractive option for those searching for an affordable place to call home.