Housing costs in East Lansing?
A typical home costs
$193,000, which is 42.9% less expensive than the national average of
$338,100 and 11.8% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in East Lansing costs
$1,080 per month, which is 1.8% cheaper than the national average of
$1,100 and 3.7% more than the state average of
$1,040.
Can I afford East Lansing?
To live comfortably in East Lansing (zip 48825), Michigan, a minimum annual income of
$37,080 for a family, and
$35,200 for a single person is recommended.
What does A.I. say about East Lansing?
The cost of living in 48825 East Lansing, MI is quite reasonable. The median home value is around $203,000 and the average rent for a two-bedroom apartment is about $1000 per month. Groceries and other necessities are relatively affordable compared to other areas in Michigan. In addition, there are plenty of job opportunities available due to the large university presence in the city as well as numerous public and private employers. Overall, 48825 East Lansing, MI has a cost of living that is very manageable for those looking to make it their home.