Housing costs in Tompkins?
A typical home costs
$201,300, which is 40.5% less expensive than the national average of
$338,100 and 8.0% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Tompkins costs
$1,040 per month, which is 27.3% cheaper than the national average of
$1,430 and 5.8% cheaper than the state average of
$1,100.
Can I afford Tompkins?
To live comfortably in Tompkins, Michigan, a minimum annual income of
$38,520 for a family, and
$34,800 for a single person is recommended.
What does A.I. say about Tompkins?
The cost of living in Tompkins, MI is quite reasonable. The median home value in the city is approximately $149,000 and the median household income is approximately $44,000 per year. Groceries, housing costs, health care, and utilities are all fairly affordable compared to the national average. The local economy is largely supported by small businesses and agricultural enterprises. With a low unemployment rate and great benefits for those employed within the city limits, Tompkins offers an ideal place to live with a comfortable lifestyle that won't break the bank.