Housing costs in Allen?
A typical home costs
$195,500, which is 42.2% less expensive than the national average of
$338,100 and 10.6% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Allen costs
$850 per month, which is 40.6% cheaper than the national average of
$1,430 and 29.4% cheaper than the state average of
$1,100.
Can I afford Allen?
To live comfortably in Allen, Michigan, a minimum annual income of
$37,440 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Allen?
Allen, MI has a relatively low cost of living compared to other places in the US. In terms of housing, the median home price for Allen is around $110,000 and the median rental price for a two-bedroom apartment is around $830. Groceries and utility costs are also lower than the national average. Additionally, there are no sales or income taxes, so residents can save more money overall. With a low cost of living and close proximity to larger cities in Michigan and Ohio, Allen is an attractive option for those looking for an affordable place to live.