Housing costs in Erie?
A typical home costs
$183,600, which is 45.7% less expensive than the national average of
$338,100 and 16.0% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Erie costs
$1,260 per month, which is 11.9% cheaper than the national average of
$1,430 and 12.7% more than the state average of
$1,100.
Can I afford Erie?
To live comfortably in Erie (zip 48133), Michigan, a minimum annual income of
$35,280 for a family, and
$38,400 for a single person is recommended.
What does A.I. say about Erie?
The cost of living in 48133 Erie, MI is relatively low compared to other areas in the state. According to BestPlaces, the cost of living index comes in at 86, which is 14 points lower than the national average. This means that living costs in Erie are much lower than many other places in Michigan and across the country. Housing prices are quite affordable, with median home prices coming in around $214,900. Utilities and transportation costs are also below average for the area, making it a great place to live if you're looking for an affordable place with all of the amenities you need!