Housing costs in Munger?
A typical home costs
$159,000, which is 53.0% less expensive than the national average of
$338,100 and 27.3% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Munger costs
$850 per month, which is 40.6% cheaper than the national average of
$1,430 and 29.4% cheaper than the state average of
$1,100.
Can I afford Munger?
To live comfortably in Munger (zip 48747), Michigan, a minimum annual income of
$30,600 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Munger?
48747 Munger, MI is an affordable place to live. The cost of living in this area is relatively low compared to other cities and towns in the state. The median home price in Munger is around $83,000, considerably lower than the national average. In addition, utility costs are generally quite affordable as well. It's estimated that monthly utilities for a two-bedroom apartment total about $100 per month on average. Food prices are also quite reasonable with various grocery stores located nearby. Residents can also find many restaurants and shops within close proximity of their homes. All of these factors combine to make 48747 Munger, MI a great place to live at an affordable price.