Housing costs in Falmouth?
A typical home costs
$150,800, which is 55.4% less expensive than the national average of
$338,100 and 31.0% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Falmouth costs
$890 per month, which is 37.8% cheaper than the national average of
$1,430 and 23.6% cheaper than the state average of
$1,100.
Can I afford Falmouth?
To live comfortably in Falmouth (zip 49632), Michigan, a minimum annual income of
$28,800 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Falmouth?
The cost of living in 49632 Falmouth, MI is generally lower than the national average. Housing prices are affordable, with the median home value being $130,000. Utilities are also relatively low compared to other parts of the state. The region also has a relatively low unemployment rate, which helps to keep expenses down further for locals. Property taxes in the area are slightly higher than average, but overall there are a number of ways to save money on basic living expenses and still enjoy access to all the amenities one would need in this small Michigan town.