Housing costs in Eau Claire?
A typical home costs
$198,700, which is 41.2% less expensive than the national average of
$338,100 and 9.1% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Eau Claire costs
$1,050 per month, which is 26.6% cheaper than the national average of
$1,430 and 4.8% cheaper than the state average of
$1,100.
Can I afford Eau Claire?
To live comfortably in Eau Claire (zip 49111), Michigan, a minimum annual income of
$38,160 for a family, and
$32,400 for a single person is recommended.
What does A.I. say about Eau Claire?
The cost of living in Eau Claire, MI 49111 is relatively affordable compared to the rest of the United States. The overall cost of living index for the area is 86.3 which is 14.7% lower than the national average. Housing costs are especially low with a housing index score of 74 making it 26% lower than the national average. Utilities also tend to be cheaper with an index score of 95.4 which is 4.6% lower than the national average. Groceries and restaurants are also very affordable with an index score of 97, indicating prices that are 3% lower than those found in other parts of the country. All in all, Eau Claire, MI 49111 offers its residents a good quality of life at an affordable price.