Housing costs in Coleman?
A typical home costs
$144,300, which is 57.3% less expensive than the national average of
$338,100 and 34.0% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Coleman 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 Coleman?
To live comfortably in Coleman (zip 48618), Michigan, a minimum annual income of
$27,720 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Coleman?
Coleman, MI is a relatively affordable place to live compared to surrounding areas. According to the data provided, the median home value in 48618 Coleman is $98,400, which is significantly lower than the national median of $185,400. Furthermore, the cost of living index for 48618 Coleman is 89.5, which is 11.5% lower than the US average. This means that groceries, housing costs, transportation and healthcare are all notably cheaper when compared to other parts of Michigan and surrounding states. All in all, Coleman offers a great quality of life at an affordable price.