Housing costs in Reed City?
A typical home costs
$150,000, which is 55.6% less expensive than the national average of
$338,100 and 31.4% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Reed City costs
$810 per month, which is 43.4% cheaper than the national average of
$1,430 and 35.8% cheaper than the state average of
$1,100.
Can I afford Reed City?
To live comfortably in Reed City (zip 49677), Michigan, a minimum annual income of
$28,800 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Reed City?
Reed City, MI is a relatively affordable city to live in. The cost of living index for the city is approximately 86.9, which is 14% lower than the national average cost of living. This means that overall, residents of Reed City can expect to pay less for housing and other basic necessities when compared to other parts of the country. In addition, there are numerous amenities available to citizens at no cost or low cost, such as public parks, libraries, and community events. All in all, life in Reed City is both affordable and enjoyable.