Housing costs in Ortonville?
A typical home costs
$316,600, which is 6.4% less expensive than the national average of
$338,100 and 44.8% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Ortonville costs
$1,190 per month, which is 16.8% cheaper than the national average of
$1,430 and 7.6% more than the state average of
$1,100.
Can I afford Ortonville?
To live comfortably in Ortonville (zip 48462), Michigan, a minimum annual income of
$60,840 for a family, and
$37,200 for a single person is recommended.
What does A.I. say about Ortonville?
The cost of living in Ortonville, MI (48462) is quite reasonable. The median home value is $224,000, and the median rent is just $1,062 a month. Utility costs are also reasonable, with the average electric bill amounting to only about $90 per month. Food is affordable as well due to having several local grocery stores, and other entertainment costs are relatively low compared to larger cities in the US. Overall, Ortonville offers a very good quality of life with a reasonable cost of living.