Housing costs in Bessemer?
A typical home costs
$88,100, which is 73.9% less expensive than the national average of
$338,100 and 59.7% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Bessemer costs
$840 per month, which is 41.3% cheaper than the national average of
$1,430 and 31.0% cheaper than the state average of
$1,100.
Can I afford Bessemer?
To live comfortably in Bessemer (zip 49911), Michigan, a minimum annual income of
$16,920 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Bessemer?
49911 Bessemer, MI has a relatively low cost of living compared to other cities in the US. The median home price in Bessemer is around $97,000, significantly lower than the national average of $231,200. The median rent for a one-bedroom apartment in Bessemer is $445 per month, also lower than the national median of $880. Additionally, the area's overall cost of living is about 10% lower than the US average. With its affordable prices for housing and other goods and services, 49911 Bessemer is an excellent option for those looking to live comfortably without breaking their budgets.