Housing costs in Deerfield?
A typical home costs
$189,000, which is 44.1% less expensive than the national average of
$338,100 and 13.6% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Deerfield 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 Deerfield?
To live comfortably in Deerfield (zip 49238), Michigan, a minimum annual income of
$36,360 for a family, and
$28,800 for a single person is recommended.
What does A.I. say about Deerfield?
The cost of living in 49238 Deerfield, MI is quite reasonable. The median home price in this area is around $130,000 and the median rental cost is $1,200 per month. The overall cost of living for a family of four is estimated to be around $60,500 per year. Taxes are relatively low in this small town with a tax rate of approximately 6%, and residents enjoy relatively low utility costs due to the region's moderate climate. Additionally, food and transportation costs tend to be lower than what one might find in larger cities. All in all, Deerfield offers an affordable living option for those looking for a small-town feel with access to some of Michigan's best attractions.