Zip 49248 (Jasper, MI) Cost of Living


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United States / Michigan / Adrian Metro Area / Lenawee County / No City / Jasper (zip 49248)

Jasper cost of living score
85.4
Less expensive
14.6% lower
than the US average
6.7% lower
than the Michigan average
Jasper (zip 49248), Michigan gets a BestPlaces Cost of Living score of 85.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 14.6% lower than the U.S. average and 6.7% higher than the average for Michigan.

Zip 49248 (Jasper, MI)

Housing costs in Jasper?
A typical home costs $161,400, which is 52.3% less expensive than the national average of $338,100 and 26.2% less expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Jasper costs $910 per month, which is 36.4% cheaper than the national average of $1,430 and 20.9% cheaper than the state average of $1,100.

Can I afford Jasper?
To live comfortably in Jasper (zip 49248), Michigan, a minimum annual income of $30,960 for a family, and $28,800 for a single person is recommended.

What does A.I. say about Jasper?
The cost of living in 49248 Jasper, MI is relatively low compared to other areas. The median home value is $90,800, well below the national average of $229,700. Additionally, the median household income in this area is slightly lower than the national average at $45,183 which helps to keep costs down. The cost of food and other necessities are also lower than most other areas, making it an affordable place to live for those on a budget. Property taxes are also reasonable with the current rate being 1.24%, below the state average of 1.51%. Overall, 49248 Jasper, MI provides a great option for those looking for a cost-efficient lifestyle.
   Cost of living score
     CategoriesJasperMichiganUnited States
  85.491.5100.0
  94.193.4100
  93.884.8100.0
  52.371.2100.0
  $161,400$218,700$338,100
  101.8%100.1%100.0%
  92.4115.1100.0
  91.495.9100.0

   100=National Average

   Average Rent by Bedroom Size
Crime