Housing costs in Concord?
A typical home costs
$198,500, which is 41.3% less expensive than the national average of
$338,100 and 9.2% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Concord costs
$890 per month, which is 37.8% cheaper than the national average of
$1,430 and 23.6% cheaper than the state average of
$1,100.
Can I afford Concord?
To live comfortably in Concord (zip 49237), 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 Concord?
The cost of living in 49237 Concord, MI is relatively affordable compared to other places in the state. The median home price is $92,100, which is lower than the Michigan median home price of $134,000. Utility costs are also below the national average, with electricity costing an average of $106 per month and natural gas costing an average of $60 per month. Groceries and restaurants are also cheaper than usual, making it a great area for those looking to save some money on their day-to-day expenses. Overall, 49237 Concord provides residents with an affordable cost of living that allows them to enjoy all the city has to offer.