Zip 49744 (Herron, MI) Cost of Living


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United States / Michigan / Alpena Metro Area / Alpena County / No City / Herron (zip 49744)

Herron cost of living score
73.5
Less expensive
26.5% lower
than the US average
19.7% lower
than the Michigan average
Herron (zip 49744), Michigan gets a BestPlaces Cost of Living score of 73.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 26.5% lower than the U.S. average and 19.7% higher than the average for Michigan.

Zip 49744 (Herron, MI)

Housing costs in Herron?
A typical home costs $157,400, which is 53.4% less expensive than the national average of $338,100 and 28.0% less expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Herron costs $840 per month, which is 41.3% cheaper than the national average of $1,430 and 31.0% cheaper than the state average of $1,100.

Can I afford Herron?
To live comfortably in Herron (zip 49744), Michigan, a minimum annual income of $30,240 for a family, and $27,200 for a single person is recommended.

What does A.I. say about Herron?
The cost of living in 49744 Herron, MI is generally considered to be lower than the national average. The median home value is $118,400 which is significantly lower than the national average of $184,700. Additionally, the median household income is $43,934 which is also much lower than the national average of $61,372. Other expenses such as utilities and transportation are notably cheaper in Herron and overall Michigan. This makes it an attractive place for those looking to save some money while still enjoying all that the area has to offer.
   Cost of living score
     CategoriesHerronMichiganUnited States
  73.591.5100.0
  90.893.4100
  90.984.8100.0
  43.071.2100.0
  $157,400$218,700$338,100
  98.3%100.1%100.0%
  79.6115.1100.0
  82.095.9100.0

   100=National Average

   Average Rent by Bedroom Size
Crime