Housing costs in Auburn?
A typical home costs
$179,100, which is 47.0% less expensive than the national average of
$338,100 and 18.1% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Auburn costs
$900 per month, which is 37.1% cheaper than the national average of
$1,430 and 22.2% cheaper than the state average of
$1,100.
Can I afford Auburn?
To live comfortably in Auburn (zip 48611), Michigan, a minimum annual income of
$34,200 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Auburn?
Auburn, MI has a relatively low cost of living compared to many other places in the country. According to BestPlaces, the overall cost of living index for 48611 Auburn, MI is 77.5, which is lower than the U.S. average of 100. This lower cost of living is primarily driven by housing costs; while the median house value in Auburn is around $68,125 (much lower than the national average), rent prices are also significantly below average at an estimated $843 per month for a two bedroom apartment. Transportation and food costs are also below the U.S. average for 48611 Auburn, MI; gas prices are 12% lower than the national average and groceries are only 1% higher than the nation-wide standard.