Housing costs in Muskegon?
A typical home costs
$249,200, which is 26.3% less expensive than the national average of
$338,100 and 13.9% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Muskegon costs
$840 per month, which is 23.6% cheaper than the national average of
$1,100 and 17.9% cheaper than the state average of
$990.
Can I afford Muskegon?
To live comfortably in Muskegon (zip 49440), Michigan, a minimum annual income of
$47,880 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Muskegon?
The cost of living in Muskegon, MI (49440) is relatively affordable compared to other cities in the region. According to BestPlaces.net, the cost of living index is 82.6, which is 18.4% lower than the U.S average cost of living index of 100. As such, the majority of basic necessities are much cheaper than they would be in other places and this makes Muskegon a great option for those looking for an affordable place to live. Additionally, housing costs tend to be lower than average and taxes are some of the lowest in Michigan which makes it more attractive to people looking to save money or maintain a budget-friendly lifestyle.