Housing costs in Muskegon?
A typical home costs
$225,800, which is 33.2% less expensive than the national average of
$338,100 and 3.2% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Muskegon costs
$1,050 per month, which is 26.6% cheaper than the national average of
$1,430 and 4.8% cheaper than the state average of
$1,100.
Can I afford Muskegon?
To live comfortably in Muskegon (zip 49445), Michigan, a minimum annual income of
$43,200 for a family, and
$32,400 for a single person is recommended.
What does A.I. say about Muskegon?
The cost of living in 49445 Muskegon, MI is relatively low compared to some other parts of Michigan. According to the Cost of Living Index for Muskegon County, the expense of utilities and transportation are lower than average, while entertainment and groceries remain slightly more expensive than state averages. Housing costs in Muskegon are also quite reasonable, with median prices for homes and rent being 10-20% below state averages. On top of that, taxes are also fairly low at just 8%. All in all, this makes 49445 an affordable place to live with a wide array of amenities available to residents.