Housing costs in Hope?
A typical home costs
$171,400, which is 49.3% less expensive than the national average of
$338,100 and 21.6% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Hope costs
$1,090 per month, which is 23.8% cheaper than the national average of
$1,430 and close to the state average of
$1,100.
Can I afford Hope?
To live comfortably in Hope (zip 48628), Michigan, a minimum annual income of
$32,760 for a family, and
$33,600 for a single person is recommended.
What does A.I. say about Hope?
48628 Hope, MI has an affordable cost of living compared to other areas in the United States. The median home value in Hope is $110,500, significantly lower than the US average of $184,700. Additionally, groceries and health care costs are below average for the US. Utilities are also more affordable than other parts of the country, with an average monthly expense of around $140. Overall, 48628 Hope offers a great opportunity for families to save money without sacrificing quality of life.