Housing costs in Woodland?
A typical home costs
$193,500, which is 42.8% less expensive than the national average of
$338,100 and 11.5% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Woodland costs
$790 per month, which is 44.8% cheaper than the national average of
$1,430 and 39.2% cheaper than the state average of
$1,100.
Can I afford Woodland?
To live comfortably in Woodland (zip 48897), Michigan, a minimum annual income of
$37,080 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Woodland?
The cost of living in 48897 Woodland, MI is relatively low compared to other areas in Michigan. According to the most recent figures, the median home value in 48897 Woodland is $103,400, which is significantly lower than the state average of $156,700. Additionally, the cost of living index is an estimated 85.9, which indicates that it’s 8.1% lower than the US average. Renters can expect to pay an average of roughly $680 for a one bedroom apartment in 48897 Woodland. Overall, 48897 Woodland provides an affordable option for those looking to settle down and raise a family without breaking the bank.