Housing costs in Coloma?
A typical home costs
$199,800, which is 40.9% less expensive than the national average of
$338,100 and 8.6% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Coloma costs
$980 per month, which is 31.5% cheaper than the national average of
$1,430 and 12.2% cheaper than the state average of
$1,100.
Can I afford Coloma?
To live comfortably in Coloma (zip 49038), Michigan, a minimum annual income of
$38,160 for a family, and
$30,000 for a single person is recommended.
What does A.I. say about Coloma?
The cost of living in Coloma, MI (49038) is quite reasonable. Prices for goods and services are relatively low and the area remains affordable for those who wish to raise a family or retire comfortably. The median home value in Coloma is $122,000 which is significantly lower than the national average of $188,500. Additionally, property taxes are also below the national average. Groceries, healthcare costs, and utilities are all fairly priced when compared to other cities in Michigan. Overall, Coloma offers a great quality of life at an affordable price point for individuals and families of all ages.