Housing costs in Inland?
A typical home costs
$282,700, which is 16.4% less expensive than the national average of
$338,100 and 29.3% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Inland costs
$1,070 per month, which is 25.2% cheaper than the national average of
$1,430 and 2.8% cheaper than the state average of
$1,100.
Can I afford Inland?
To live comfortably in Inland, Michigan, a minimum annual income of
$54,000 for a family, and
$35,600 for a single person is recommended.
What does A.I. say about Inland?
The cost of living in Inland, MI is quite reasonable. The median home value is approximately $93,000, far below the national average of $184,700. Additionally, the median household income in Inland is around $35,000 which is significantly lower than the national average of $53,482. This makes it a great place to live for those who are on a budget and looking for an affordable place to call home. The taxes are also relatively low compared to other areas in Michigan. All in all, Inland offers prospective residents a great mix of affordability and quality of life.