Housing costs in Kentwood?
A typical home costs
$269,900, which is 20.2% less expensive than the national average of
$338,100 and 23.4% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Kentwood costs
$1,210 per month, which is 10.0% more than the national average of
$1,100 and 3.3% more than the state average of
$1,170.
Can I afford Kentwood?
To live comfortably in Kentwood (zip 49508), Michigan, a minimum annual income of
$51,840 for a family, and
$40,400 for a single person is recommended.
What does A.I. say about Kentwood?
The cost of living in 49508 Kentwood, MI is relatively low compared to the national average. According to Sperling's Best Places, the overall cost of living index in this area is at 86.1, which is lower than the national average of 100. Rent costs are particularly affordable, with an average rent of $836 per month for a one-bedroom apartment. Additionally, utilities are relatively inexpensive and groceries tend to be reasonably priced as well. In general, living in 49508 Kentwood, MI is relatively affordable when compared to other places across the US.