Housing costs in Coldwater?
A typical home costs
$171,000, which is 49.4% less expensive than the national average of
$338,100 and 21.8% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Coldwater costs
$960 per month, which is 12.7% cheaper than the national average of
$1,100 and 13.5% more than the state average of
$830.
Can I afford Coldwater?
To live comfortably in Coldwater (zip 49036), Michigan, a minimum annual income of
$32,760 for a family, and
$30,400 for a single person is recommended.
What does A.I. say about Coldwater?
The cost of living in 49036 Coldwater, MI is relatively affordable compared to the national average. The median home value in the area is around $103,000, which is much lower than the US average. The median household income for Coldwater is approximately $45,000 a year, making it an attractive place to live for those looking for a more affordable lifestyle. Overall, living in Coldwater can provide residents with access to affordable housing and lower living costs than other parts of Michigan.