Housing costs in Hillsdale?
A typical home costs
$167,900, which is 50.3% less expensive than the national average of
$338,100 and 23.2% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Hillsdale costs
$850 per month, which is 22.7% cheaper than the national average of
$1,100 and 2.4% more than the state average of
$830.
Can I afford Hillsdale?
To live comfortably in Hillsdale (zip 49242), Michigan, a minimum annual income of
$32,040 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Hillsdale?
The cost of living in 49242 Hillsdale, MI is quite reasonable. The median home cost in the area is $125,000, which is much lower than the national median of $231,200. Renters in the area will find that average rent runs around $750 per month. Utilities and groceries are both considered to be slightly below national averages. Residents can also enjoy the luxury of low taxes as property taxes are just 1.0% and Michigan has no state income tax. All in all, life in 49242 Hillsdale, MI is among the most affordable in the country.