Housing costs in Midland?
A typical home costs
$213,000, which is 37.0% less expensive than the national average of
$338,100 and 2.6% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Midland costs
$1,030 per month, which is 6.4% cheaper than the national average of
$1,100 and 4.9% more than the state average of
$980.
Can I afford Midland?
To live comfortably in Midland (zip 48642), Michigan, a minimum annual income of
$40,680 for a family, and
$31,200 for a single person is recommended.
What does A.I. say about Midland?
48642 Midland, MI has a relatively low cost of living compared to other areas in the US. The median home cost is around $150,000 and the median rent costs approximately $1000 per month. Groceries and utility costs are also quite affordable in this area, with staples such as bread and milk costing about the same as they do across the country. Additionally, transportation costs are quite low with public transit and ridesharing services being very popular in Midland. Overall, 48642 Midland, MI is an ideal place for those looking for a place to settle down without breaking their budget.