Housing costs in Burton?
A typical home costs
$160,000, which is 52.7% less expensive than the national average of
$338,100 and 26.8% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Burton costs
$1,030 per month, which is 6.4% cheaper than the national average of
$1,100 and 8.7% more than the state average of
$940.
Can I afford Burton?
To live comfortably in Burton (zip 48519), Michigan, a minimum annual income of
$30,600 for a family, and
$32,800 for a single person is recommended.
What does A.I. say about Burton?
The cost of living in Burton, MI (48519) is relatively affordable compared to other parts of the country. The median home value in the area is around $118,000, which is significantly lower than the national average. Rent is also much more reasonable than many metropolitan areas, with monthly costs typically ranging between $500 and $900 for a one-bedroom apartment. Additionally, groceries are reasonably priced and transportation costs are kept low due to the city's proximity to Detroit. All in all, 48519 Burton is a great place to live on a budget.