Housing costs in Branch?
A typical home costs
$154,500, which is 54.3% less expensive than the national average of
$338,100 and 29.4% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Branch costs
$880 per month, which is 38.5% cheaper than the national average of
$1,430 and 25.0% cheaper than the state average of
$1,100.
Can I afford Branch?
To live comfortably in Branch (zip 49402), Michigan, a minimum annual income of
$29,520 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Branch?
The cost of living in 49402 Branch, MI is relatively low compared to other areas in Michigan and the United States. According to Sperling's Best Places, the overall cost of living index for this area is 81.3, which is 19.7% lower than the national average. Housing costs in particular are quite affordable; the median home price is just over $100,000, and rental prices are competitively priced compared to other areas in the state. In addition, utilities such as electric and gas are slightly below the national average. All these factors contribute to a low cost of living for residents of this area, making it an attractive place for those looking for a more affordable lifestyle.