Housing costs in Ypsilanti?
A typical home costs
$304,900, which is 9.8% less expensive than the national average of
$338,100 and 39.4% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Ypsilanti costs
$1,200 per month, which is 16.1% cheaper than the national average of
$1,430 and 8.3% more than the state average of
$1,100.
Can I afford Ypsilanti?
To live comfortably in Ypsilanti, Michigan, a minimum annual income of
$58,320 for a family, and
$40,000 for a single person is recommended.
What does A.I. say about Ypsilanti?
Ypsilanti, MI is an affordable place to live, with a cost of living index that is slightly lower than the national average. The city enjoys low housing costs, with median home values around $135,000 and median rents around $850 per month. Groceries and healthcare costs are also lower than the national average, making Ypsilanti a great place for those looking for budget-friendly living. Although there are some high-end restaurants and stores around town, many budget-friendly options are available as well. All in all, Ypsilanti is an ideal location for families or individuals on a tight budget who don't want to sacrifice quality of life.