Housing costs in East Lansing?
A typical home costs
$270,000, which is 20.1% less expensive than the national average of
$338,100 and 23.5% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in East Lansing costs
$1,210 per month, which is 10.0% more than the national average of
$1,100 and 14.0% more than the state average of
$1,040.
Can I afford East Lansing?
To live comfortably in East Lansing (zip 48823), Michigan, a minimum annual income of
$51,840 for a family, and
$39,600 for a single person is recommended.
What does A.I. say about East Lansing?
The cost of living in 48823 East Lansing, MI is higher than the national average. Housing costs are particularly high, with a median home price of $162,000. This is well above the national median of $218,000. The cost of groceries and health care are also significantly higher than the national average. On the other hand, transportation costs in East Lansing are slightly below the national average. All in all, living in 48823 East Lansing, MI can be expensive for those on a tight budget.