Housing costs in Palmyra?
A typical home costs
$175,000, which is 48.2% less expensive than the national average of
$338,100 and 20.0% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Palmyra costs
$900 per month, which is 37.1% cheaper than the national average of
$1,430 and 22.2% cheaper than the state average of
$1,100.
Can I afford Palmyra?
To live comfortably in Palmyra (zip 49268), Michigan, a minimum annual income of
$33,480 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Palmyra?
The cost of living in Palmyra, MI is quite affordable compared to larger cities in Michigan. The median home price is around $119,000, and the median rent for a one-bedroom apartment is only $650 per month. Utilities are also relatively cheap; electricity averages around $90 per month and natural gas averages around $50 per month. Additionally, groceries and other necessities are relatively inexpensive due to the local farms that supply the area with fresh produce at competitive prices. All in all, 49268 Palmyra is an affordable place to live with plenty of amenities to enjoy.