Housing costs in Clio?
A typical home costs
$181,800, which is 46.2% less expensive than the national average of
$338,100 and 16.9% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Clio costs
$810 per month, which is 43.4% cheaper than the national average of
$1,430 and 35.8% cheaper than the state average of
$1,100.
Can I afford Clio?
To live comfortably in Clio (zip 48420), Michigan, a minimum annual income of
$34,920 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Clio?
The cost of living in 48420 Clio, MI is relatively low. According to BestPlaces.net, the overall cost of living index is an impressive 81.2 out of 100, which reflects a lower-than-average cost of living in this area compared to other parts of the United States. Housing especially is very affordable in Clio with an average home price of only $104,400 and monthly rent for a one-bedroom apartment averaging just under $600 per month. Utilities are also inexpensive at an average rate far below the national average. The overall price level is 13% lower than the national average, making it a great place to live if you're on a budget.