Housing costs in Commerce Township?
A typical home costs
$407,600, which is 20.6% more expensive than the national average of
$338,100 and 86.4% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Commerce Township costs
$1,860 per month, which is 30.1% more than the national average of
$1,430 and 40.9% more than the state average of
$1,100.
Can I afford Commerce Township?
To live comfortably in Commerce Township (zip 48382), Michigan, a minimum annual income of
$78,120 for a family, and
$58,400 for a single person is recommended.
What does A.I. say about Commerce Township?
The cost of living in 48382 Commerce Township, MI is slightly higher than the national average. The median home value in this area is approximately $372,000, and the median rent for a two-bedroom apartment is around $1,400 per month. Groceries are also more expensive than the national average; basic groceries cost around 12% more in the area on average. Overall, while 48382 Commerce Township may be slightly pricier than other towns, its excellent schools and close proximity to nearby Ann Arbor make it an attractive option for families looking to move into the area.