Housing costs in New Boston?
A typical home costs
$291,700, which is 13.7% less expensive than the national average of
$338,100 and 33.4% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in New Boston costs
$1,520 per month, which is 6.3% more than the national average of
$1,430 and 27.6% more than the state average of
$1,100.
Can I afford New Boston?
To live comfortably in New Boston (zip 48164), Michigan, a minimum annual income of
$55,800 for a family, and
$47,600 for a single person is recommended.
What does A.I. say about New Boston?
The cost of living in 48164 New Boston, MI is quite affordable. The median home value is $188,900, which is slightly lower than the national average. Additionally, the median household income is $81,844 and the average monthly rent for a two bedroom apartment averages at about $1,015. Overall, the cost of living in this area is below the national average and provides great bang for your buck.