Housing costs in Forest Hills?
A typical home costs
$522,200, which is 54.5% more expensive than the national average of
$338,100 and 138.8% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Forest Hills costs
$1,830 per month, which is 66.4% more than the national average of
$1,100 and 36.1% more than the state average of
$1,170.
Can I afford Forest Hills?
To live comfortably in Forest Hills (zip 49301), Michigan, a minimum annual income of
$100,080 for a family, and
$60,800 for a single person is recommended.
What does A.I. say about Forest Hills?
The cost of living in 49301 Forest Hills, MI is relatively high. According to a recent Cost of Living report, the overall cost of living index score for Forest Hills is 125.2, which is 25.2% higher than the national average. Housing costs are especially high in this area with an average rent for a two-bedroom apartment costing around $1,200 per month. Groceries and utilities are also more expensive compared to other parts of Michigan. However, healthcare costs and transportation costs are slightly lower than the national average due to the presence of several local hospitals and easy access to public transportation.