Housing costs in Lansing?
A typical home costs
$141,400, which is 58.2% less expensive than the national average of
$338,100 and 35.3% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Lansing costs
$960 per month, which is 12.7% cheaper than the national average of
$1,100 and 8.3% cheaper than the state average of
$1,040.
Can I afford Lansing?
To live comfortably in Lansing (zip 48911), Michigan, a minimum annual income of
$27,000 for a family, and
$31,200 for a single person is recommended.
What does A.I. say about Lansing?
The cost of living in Lansing, MI (48911) is slightly lower than the national average. According to BestPlaces, the average monthly cost of living for a family of four in this area is around $3,500. This includes basic needs such as housing, food and transportation. The overall cost of housing in Lansing is slightly below the national average; however rent can vary greatly depending on location within the city and type of residence chosen. Groceries and dining out are also moderately priced throughout the city. Transportation costs will depend on whether you own a vehicle and need to pay for gasoline or parking fees. Overall, 48911 Lansing is an affordable place to live with a variety of options that can fit a variety of budgets.