Housing costs in New Baltimore?
A typical home costs
$292,100, which is 13.6% less expensive than the national average of
$338,100 and 33.6% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in New Baltimore costs
$1,130 per month, which is 21.0% cheaper than the national average of
$1,430 and 2.7% more than the state average of
$1,100.
Can I afford New Baltimore?
To live comfortably in New Baltimore (zip 48047), Michigan, a minimum annual income of
$55,800 for a family, and
$35,600 for a single person is recommended.
What does A.I. say about New Baltimore?
The cost of living in 48047 New Baltimore, MI is quite reasonable. According to BestPlaces, the cost of living index is 10% lower than the national average. Housing costs are especially low, with a median home value of $171,700 and a median rent price of $1,030 per month. Groceries, utilities, and health care tend to have prices that are similar to the national average. With its close proximity to both Detroit and Lake St. Clair, New Baltimore has plenty of outdoor activities and restaurants all within reach at very reasonable prices.