Housing costs in St. Louis?
A typical home costs
$120,500, which is 64.4% less expensive than the national average of
$338,100 and 44.9% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in St. Louis costs
$900 per month, which is 18.2% cheaper than the national average of
$1,100 and 7.8% more than the state average of
$830.
Can I afford St. Louis?
To live comfortably in St. Louis (zip 48880), Michigan, a minimum annual income of
$23,040 for a family, and
$28,800 for a single person is recommended.
What does A.I. say about St. Louis?
The cost of living in 48880 St. Louis, MI is quite affordable compared to many other cities in the US. It has an overall cost of living index of 85, which is 15% lower than the national average. Housing costs in particular are particularly low; the median home price in 48880 St. Louis is only $112,400, which is well below the national median of $231,200. The cost of groceries, utilities, and transportation are all also below the national averages, making it a great place to live for those looking for a more affordable lifestyle.