Housing costs in Somerset Center?
A typical home costs
$207,600, which is 38.6% less expensive than the national average of
$338,100 and 5.1% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Somerset Center costs
$850 per month, which is 40.6% cheaper than the national average of
$1,430 and 29.4% cheaper than the state average of
$1,100.
Can I afford Somerset Center?
To live comfortably in Somerset Center (zip 49282), Michigan, a minimum annual income of
$39,600 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Somerset Center?
The cost of living in 49282 Somerset Center, MI is slightly higher than the national average. This is due to the fact that it is a relatively affluent area with a high median income and low unemployment rate. The cost of housing in the area is also higher than average, but mostly due to its rural location and lack of nearby urban amenities. Groceries, utilities, transportation costs, and health care are all generally within the state average or lower. All in all, Somerset Center offers a high quality of life at a slightly elevated cost compared to other parts of Michigan.