Housing costs in Ingalls?
A typical home costs
$105,400, which is 68.8% less expensive than the national average of
$338,100 and 51.8% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Ingalls 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 Ingalls?
To live comfortably in Ingalls (zip 49848), Michigan, a minimum annual income of
$20,160 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Ingalls?
The cost of living in 49848 Ingalls, MI is relatively low compared to other areas. The median home value in the area is $71,400, which is significantly lower than the national average of $219,700. In addition, the overall cost of goods and services in the area is approximately 7% lower than the national average. This makes it a great place for those looking for a budget-friendly option! The median household income is around $42,000 and unemployment rate is just over 6%, making it an attractive option for those looking for a place to settle down and start a family. Additionally, utilities are relatively inexpensive; electricity averages about 11 cents per kilowatt hour while gas prices are around 8 cents per gallon. All in all, 49848 Ingalls offers a low cost of living with many amenities that make it an ideal location for those on a budget.