Housing costs in Portland?
A typical home costs
$238,600, which is 29.4% less expensive than the national average of
$338,100 and 9.1% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Portland costs
$1,130 per month, which is 21.0% cheaper than the national average of
$1,430 and 2.7% more than the state average of
$1,100.
Can I afford Portland?
To live comfortably in Portland (zip 48875), Michigan, a minimum annual income of
$45,720 for a family, and
$34,400 for a single person is recommended.
What does A.I. say about Portland?
The cost of living in 48875 Portland, MI is quite affordable compared to other parts of the country. According to the most recent data from Best Places, the cost of living index for this area is 80.2. This means that it costs roughly 20% less than average for goods and services when compared to other cities in the United States. The median home price is $90,700, which makes it an attractive option for those looking for an affordable place to live. Additionally, the median household income is $51,466. This number indicates that there are plenty of opportunities available for individuals and families interested in making a comfortable life here in Portland.