Housing costs in Kalamazoo?
A typical home costs
$185,800, which is 45.0% less expensive than the national average of
$338,100 and 15.0% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Kalamazoo costs
$1,140 per month, which is 20.3% cheaper than the national average of
$1,430 and 3.5% more than the state average of
$1,100.
Can I afford Kalamazoo?
To live comfortably in Kalamazoo (zip 49004), Michigan, a minimum annual income of
$35,640 for a family, and
$37,200 for a single person is recommended.
What does A.I. say about Kalamazoo?
The cost of living in 49004 Kalamazoo, MI is quite reasonable. The median home cost in the area is around $128,400 and the median rent is approximately $799 a month. The overall cost of living index for Kalamazoo falls just below the national average at 90.2 compared to 100 for the U.S. as a whole. Groceries, health care, transportation and utilities are all reasonably priced when compared to the rest of the country, making it an attractive option for potential residents. Additionally, there are numerous job opportunities throughout the city, providing employment opportunities for those looking to reside in this unique part of Michigan.