Housing costs in Gladwin?
A typical home costs
$141,900, which is 58.0% less expensive than the national average of
$338,100 and 35.1% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Gladwin costs
$900 per month, which is 37.1% cheaper than the national average of
$1,430 and 22.2% cheaper than the state average of
$1,100.
Can I afford Gladwin?
To live comfortably in Gladwin (zip 48624), Michigan, a minimum annual income of
$27,360 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about Gladwin?
The cost of living in 48624 Gladwin, MI is quite affordable compared to many other areas in the United States. According to the Cost of Living Index, the area has an index score of 86.7, meaning that it's 14.3% cheaper than the national average. This makes it an ideal place for those looking for a great quality of life at an affordable price. Housing costs are particularly low in this area, with median home prices being just $128,000 and rent prices averaging around $750 per month. Additionally, groceries and healthcare costs are also lower than average when compared to other parts of the country. All in all, 48624 Gladwin is an excellent choice for those looking for a comfortable and budget-friendly place to live.