Housing costs in Hermansville?
A typical home costs
$119,500, which is 64.7% less expensive than the national average of
$338,100 and 45.4% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Hermansville costs
$850 per month, which is 40.6% cheaper than the national average of
$1,430 and 29.4% cheaper than the state average of
$1,100.
Can I afford Hermansville?
To live comfortably in Hermansville (zip 49847), Michigan, a minimum annual income of
$23,040 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Hermansville?
The cost of living in Hermansville, MI (49847) is relatively low compared to other parts of the country. The median home value is only $41,400 which is significantly lower than the national median. This makes it a great place for people looking to purchase a home at an affordable price. Additionally, the cost of groceries and healthcare are slightly below average, making them more affordable than most places. All in all, Hermansville is a great place to live for those looking for a low cost of living without sacrificing quality of life.