Housing costs in Decatur?
A typical home costs
$162,900, which is 51.8% less expensive than the national average of
$338,100 and 25.5% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Decatur costs
$910 per month, which is 36.4% cheaper than the national average of
$1,430 and 20.9% cheaper than the state average of
$1,100.
Can I afford Decatur?
To live comfortably in Decatur (zip 49045), Michigan, a minimum annual income of
$31,320 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Decatur?
49045 Decatur, MI is an affordable place to live. According to BestPlaces's Cost of Living Index in 2020, the cost of living in 49045 Decatur, MI is 5% lower than the national average and 20% lower than the Michigan state average. This lower cost of living is due to a combination of factors, including lower taxes, housing costs, and utilities. The median home value in 49045 Decatur is $116,600 - much lower compared to other areas in Michigan. In addition, utility costs are on par with the rest of the country making it a great option for those looking for an affordable place to live.