Housing costs in Belding?
A typical home costs
$202,400, which is 40.1% less expensive than the national average of
$338,100 and 7.5% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Belding costs
$960 per month, which is 32.9% cheaper than the national average of
$1,430 and 14.6% cheaper than the state average of
$1,100.
Can I afford Belding?
To live comfortably in Belding, Michigan, a minimum annual income of
$38,880 for a family, and
$29,200 for a single person is recommended.
What does A.I. say about Belding?
Belding, MI is an affordable place to live. The median home cost is $97,800 which is much lower than the national median of $184,700. The cost of living index in Belding is 87.7 compared to the U.S. average of 100 making it 13% cheaper to live in this small town than the rest of the country. The cost of goods and services like food, transportation and health care are all significantly lower than surrounding areas giving residents more money to spend on other leisure activities and amenities such as museums, parks and recreation centers. With its low housing costs and overall affordability, Belding is a great place to call home for anyone looking for an inexpensive yet quality lifestyle.