Housing costs in Scotts?
A typical home costs
$267,100, which is 21.0% less expensive than the national average of
$338,100 and 22.1% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Scotts costs
$1,400 per month, which is 2.1% cheaper than the national average of
$1,430 and 21.4% more than the state average of
$1,100.
Can I afford Scotts?
To live comfortably in Scotts (zip 49088), Michigan, a minimum annual income of
$51,120 for a family, and
$45,600 for a single person is recommended.
What does A.I. say about Scotts?
The cost of living in 49088 Scotts, MI is higher than the national average due primarily to its close proximity to Grand Rapids. The median home price in the area is around $160,000, while the overall median household income is around $51,850. This creates an affordability ratio of 3.1, which is significantly higher than the national average. Other costs like groceries and transportation are also slightly more expensive than most other areas in Michigan. Overall, while it may be a bit pricier to live in this area, there are plentiful amenities and activities available to residents that make it worth the extra cost.