Housing costs in Riverview?
A typical home costs
$216,700, which is 35.9% less expensive than the national average of
$338,100 and 0.9% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Riverview costs
$1,050 per month, which is 4.5% cheaper than the national average of
$1,100 and 16.2% cheaper than the state average of
$1,220.
Can I afford Riverview?
To live comfortably in Riverview (zip 48193), Michigan, a minimum annual income of
$41,400 for a family, and
$33,200 for a single person is recommended.
What does A.I. say about Riverview?
Living in 48193 Riverview, MI is relatively affordable. The cost of living index for the area is a modest 97.7, which is 3.3 points below the national average. The median home value for the area is approximately $136,000 which makes it more affordable than many other cities in Michigan. Additionally, residents benefit from low tax rates and an abundance of local resources, making it an attractive place to live for those wanting to stretch their money further.