Housing costs in Palmer?
A typical home costs
$91,400, which is 73.0% less expensive than the national average of
$338,100 and 58.2% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Palmer costs
$820 per month, which is 42.7% cheaper than the national average of
$1,430 and 34.1% cheaper than the state average of
$1,100.
Can I afford Palmer?
To live comfortably in Palmer (zip 49871), Michigan, a minimum annual income of
$17,640 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Palmer?
The cost of living in 49871 Palmer, MI is relatively low compared to the rest of the US. One gallon of regular gas averages $2.44, which is significantly lower than the national average. Grocery prices are also typically lower than other areas of the US, and housing costs are fairly affordable with a median home price around $132,000. Utilities for an average size household can run anywhere from $100-$150 per month, depending on usage and location. All in all, Palmer offers a great value for those looking for a place to live with an affordable cost of living.