Housing costs in Perrinton?
A typical home costs
$229,500, which is 32.1% less expensive than the national average of
$338,100 and 4.9% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Perrinton costs
$1,020 per month, which is 28.7% cheaper than the national average of
$1,430 and 7.8% cheaper than the state average of
$1,100.
Can I afford Perrinton?
To live comfortably in Perrinton (zip 48871), Michigan, a minimum annual income of
$43,920 for a family, and
$32,800 for a single person is recommended.
What does A.I. say about Perrinton?
48871 Perrinton, MI is an affordable place to live for those on a budget. The cost of living index is estimated at around 85.5, which is a bit below the national average of 100. Housing costs are fairly low compared to other areas in Michigan and the rest of the country, with median home prices hovering around $150,000. Goods and services tend to be slightly more expensive compared to some surrounding cities, but it still remains relatively inexpensive overall. Public transportation is also available with bus routes connecting nearby towns and cities. All in all, 48871 Perrinton, MI offers a great quality of life at an affordable price point.