Housing costs in East Jordan?
A typical home costs
$253,200, which is 25.1% less expensive than the national average of
$338,100 and 15.8% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in East Jordan costs
$870 per month, which is 39.2% cheaper than the national average of
$1,430 and 26.4% cheaper than the state average of
$1,100.
Can I afford East Jordan?
To live comfortably in East Jordan (zip 49727), Michigan, a minimum annual income of
$48,600 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about East Jordan?
49727 East Jordan, MI has a relatively low cost of living. According to the bestplaces website, it has a cost of living index of 83.9. This places it well below the national average of 100 for various categories such as housing, groceries, and utilities. Housing prices in this area are lower than average, with an average home price of $128,500 and median rent just over $700. Similarly, the food costs are slightly below the national average, with groceries costing around 13% less than the national average. In addition to that, utilities costs are also very competitively priced at 8% below the national average. All in all, 49727 East Jordan is an affordable place to live and provides good value for money when compared to other parts of Michigan or even across the country.