Housing costs in Honor?
A typical home costs
$315,200, which is 6.8% less expensive than the national average of
$338,100 and 44.1% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Honor costs
$1,040 per month, which is 27.3% cheaper than the national average of
$1,430 and 5.8% cheaper than the state average of
$1,100.
Can I afford Honor?
To live comfortably in Honor (zip 49640), Michigan, a minimum annual income of
$60,480 for a family, and
$31,600 for a single person is recommended.
What does A.I. say about Honor?
Living in 49640 Honor, MI is quite affordable. According to recent data from BestPlaces, the cost of living index for this area is 79, which is 21% lower than the national average. Housing costs are particularly low, with a median home value of just $105,000 and an average monthly rent of only $715. Groceries, transportation, and healthcare also tend to be relatively inexpensive compared to other areas. With all these factors taken into consideration, it's easy to see why so many people choose the Honor area as a great place to live.