Housing costs in Kalamazoo?
A typical home costs
$93,500, which is 72.3% less expensive than the national average of
$338,100 and 57.2% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Kalamazoo costs
$1,050 per month, which is 4.5% cheaper than the national average of
$1,100 and close to the state average of
$1,050.
Can I afford Kalamazoo?
To live comfortably in Kalamazoo (zip 49007), Michigan, a minimum annual income of
$18,000 for a family, and
$34,000 for a single person is recommended.
What does A.I. say about Kalamazoo?
The cost of living in 49007 Kalamazoo, MI is relatively low compared to other parts of the country. According to data from Sperling's Best Places, the overall cost of living index is 93.7, which is 7.3% lower than the national average. In comparison, Michigan's average cost of living index is 96. Housing costs are particularly low in Kalamazoo; the median home price is $101,700 and the median monthly rent for a one bedroom apartment hovers around $650. The cost of food and utilities are also below the national averages, with groceries costing 6% less than the US average and utilities costing 8% less than elsewhere in America.