Housing costs in Colon?
A typical home costs
$164,200, which is 51.4% less expensive than the national average of
$338,100 and 24.9% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Colon costs
$840 per month, which is 41.3% cheaper than the national average of
$1,430 and 31.0% cheaper than the state average of
$1,100.
Can I afford Colon?
To live comfortably in Colon (zip 49040), Michigan, a minimum annual income of
$31,320 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Colon?
The cost of living in 49040 Colon, MI is relatively low. The average home costs around $117,000, which is lower than many other parts of the state. The cost of utilities such as electricity and natural gas are also quite affordable. Groceries can be a bit more expensive, but overall residents still enjoy relatively low prices for basic necessities. Additionally, Colon offers plenty of entertainment options that won't break the bank. All in all, Colon is a great place to live for those looking for an affordable lifestyle without sacrificing amenities and fun recreational activities.