Housing costs in Hamilton?
A typical home costs
$309,900, which is 8.3% less expensive than the national average of
$338,100 and 41.7% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Hamilton costs
$980 per month, which is 31.5% cheaper than the national average of
$1,430 and 12.2% cheaper than the state average of
$1,100.
Can I afford Hamilton?
To live comfortably in Hamilton (zip 49419), Michigan, a minimum annual income of
$59,400 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about Hamilton?
The cost of living in 49419 Hamilton, MI is relatively low compared to much of the rest of the country. According to Best Places, it has an overall cost of living index score of 82.2 – lower than the US average of 100. Housing is especially affordable, with a median home value nearly 20% below the US median. The median price for rent is also cheaper than most other places in the country. Additionally, groceries are about 10% lower than average, and health care costs come in at about 7% below average. Overall, 49419 Hamilton, MI offers a great value for its quality of life and services, making it an attractive option for those looking for an affordable place to live.