Housing costs in Bailey?
A typical home costs
$232,900, which is 31.1% less expensive than the national average of
$338,100 and 6.5% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Bailey costs
$960 per month, which is 32.9% cheaper than the national average of
$1,430 and 14.6% cheaper than the state average of
$1,100.
Can I afford Bailey?
To live comfortably in Bailey (zip 49303), Michigan, a minimum annual income of
$44,640 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about Bailey?
The cost of living in 49303 Bailey, MI is quite affordable. The median home price is $180,000, which is much lower than the national average. Additionally, the median household income is around $54,000 and the overall cost-of-living index is 93.3鈥攖he U.S. average being 100鈥攎aking it an excellent place to live for those on a budget. Utility costs are also relatively inexpensive due to Michigan's low energy prices, driving down the overall cost of living even further.