Housing costs in Cedar?
A typical home costs
$380,100, which is 12.4% more expensive than the national average of
$338,100 and 73.8% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Cedar costs
$1,040 per month, which is 27.3% cheaper than the national average of
$1,430 and 5.8% cheaper than the state average of
$1,100.
Can I afford Cedar?
To live comfortably in Cedar (zip 49621), Michigan, a minimum annual income of
$72,720 for a family, and
$32,400 for a single person is recommended.
What does A.I. say about Cedar?
The cost of living in 49621 Cedar, MI is typically lower than the national average. There is an overall low cost for housing and food as well as other necessities. The median home value in Cedar, MI is $85,500 which is significantly lower than the national median of $184,700. Transportation costs are also below the national average due to the lack of public transportation options and minimal need for car insurance due to low crime rates. The local economy tends to be stable with a variety of jobs available in manufacturing, business administration, and healthcare. Overall, living in Cedar, MI can be more affordable than many locations around the country and still provide a high quality of life.