Housing costs in Warren?
A typical home costs
$208,300, which is 38.4% less expensive than the national average of
$338,100 and 4.8% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Warren costs
$1,160 per month, which is 5.5% more than the national average of
$1,100 and 5.2% cheaper than the state average of
$1,220.
Can I afford Warren?
To live comfortably in Warren (zip 48093), Michigan, a minimum annual income of
$39,960 for a family, and
$36,400 for a single person is recommended.
What does A.I. say about Warren?
The cost of living in Warren, MI (48093) is relatively low compared to other cities in the United States. The overall cost of living index for Warren is 88.3, which is 12.7% lower than the U.S. average. This means that the daily expenses associated with living in Warren are generally less expensive than similar costs across the country. Housing costs in particular are quite affordable, with median home prices of just $112,100 and monthly rent on a one bedroom apartment averaging at about $710 per month. Food, transportation, utilities, and health care are also all reasonably priced in this area making Warren an attractive destination for those looking to stretch their dollar further.