Housing costs in Lansing?
A typical home costs
$101,600, which is 69.9% less expensive than the national average of
$338,100 and 53.5% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Lansing costs
$1,050 per month, which is 4.5% cheaper than the national average of
$1,100 and close to the state average of
$1,040.
Can I afford Lansing?
To live comfortably in Lansing (zip 48915), Michigan, a minimum annual income of
$19,440 for a family, and
$34,400 for a single person is recommended.
What does A.I. say about Lansing?
Living in 48915 Lansing, MI is quite affordable compared to other cities. The average cost of living in this area is around 10% below the national average, making it an attractive option for those looking to relocate or save money. Housing costs are relatively low, with a median home price of around $120,000 and monthly rent for a two-bedroom apartment averaging around $800. Other expenses like transportation, food, health care and utilities are all comparatively lower than the national average as well. With so many opportunities and such an affordable cost of living, 48915 Lansing is an ideal place to live.