Housing costs in Temperance?
A typical home costs
$234,500, which is 30.6% less expensive than the national average of
$338,100 and 7.2% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Temperance costs
$1,140 per month, which is 20.3% cheaper than the national average of
$1,430 and 3.5% more than the state average of
$1,100.
Can I afford Temperance?
To live comfortably in Temperance (zip 48182), Michigan, a minimum annual income of
$45,000 for a family, and
$34,800 for a single person is recommended.
What does A.I. say about Temperance?
The cost of living in 48182 Temperance, MI is quite reasonable compared to other areas of Michigan. Home prices are below the state average, allowing for an affordable option for those wanting to move into the area. The median home price in this area is around $190,000 and rent averages around $1,175 per month. The overall cost of living index is around 90, meaning that it is 10 percent cheaper than the national average. Utilities such as electricity and water are also less expensive than the national average. This makes it a great place to live for anyone looking for a budget-friendly option in Michigan.