Housing costs in Reading?
A typical home costs
$154,900, which is 54.2% less expensive than the national average of
$338,100 and 29.2% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Reading costs
$830 per month, which is 42.0% cheaper than the national average of
$1,430 and 32.5% cheaper than the state average of
$1,100.
Can I afford Reading?
To live comfortably in Reading (zip 49274), Michigan, a minimum annual income of
$29,520 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about Reading?
The cost of living in Reading, MI (zip code 49274) is quite affordable. According to Sperling's Best Places, the cost of living index here is 78.4, which is lower than the national average of 100. This means that it generally costs less to buy or rent a home, pay for utilities, and purchase goods and services in Reading compared to other parts of the country. Additionally, the median household income in Reading is $41,209, which is slightly lower than the state average of $48,830. All this suggests that residents in Reading are able to live comfortably without having to worry about expensive costs associated with living in many other areas.