Housing costs in Wixom?
A typical home costs
$340,000, which is 0.6% more expensive than the national average of
$338,100 and 55.5% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Wixom costs
$980 per month, which is 10.9% cheaper than the national average of
$1,100 and 24.5% cheaper than the state average of
$1,220.
Can I afford Wixom?
To live comfortably in Wixom (zip 48393), Michigan, a minimum annual income of
$65,160 for a family, and
$30,800 for a single person is recommended.
What does A.I. say about Wixom?
The cost of living in 48393 Wixom, MI is relatively affordable compared to other communities located in the Greater Detroit area. According to Best Places, the cost of living index for this zip code is 86.4, which is 14.6% lower than the national average. This means that items like housing, groceries, utilities, transportation, health care and other goods will tend to be much cheaper than other places around the country. Additionally, residents also enjoy a low state income tax rate of 4.25%, making it an especially attractive place for those looking to save money on their annual costs.