Housing costs in Morenci?
A typical home costs
$124,000, which is 63.3% less expensive than the national average of
$338,100 and 43.3% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Morenci costs
$880 per month, which is 20.0% cheaper than the national average of
$1,100 and close to the state average of
$890.
Can I afford Morenci?
To live comfortably in Morenci (zip 49256), Michigan, a minimum annual income of
$23,760 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about Morenci?
The cost of living in 49256 Morenci, MI is quite reasonable. The median home price is around $97,800, which is much lower than the national average. Utility costs are also very low as electricity and heating are both significantly cheaper than most other areas. Taxes are also lower than the national average, making taxes a less significant expense for residents of Morenci. Groceries, healthcare and other essential goods and services are also relatively inexpensive when compared to other areas of the country. All in all, 49256 Morenci, MI is a great place to live with a reasonable cost of living.