Housing costs in Frankenmuth?
A typical home costs
$288,500, which is 14.7% less expensive than the national average of
$338,100 and 31.9% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Frankenmuth costs
$850 per month, which is 22.7% cheaper than the national average of
$1,100 and 9.4% cheaper than the state average of
$930.
Can I afford Frankenmuth?
To live comfortably in Frankenmuth (zip 48734), Michigan, a minimum annual income of
$55,440 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Frankenmuth?
The cost of living in 48734 Frankenmuth, MI is quite affordable compared to other parts of Michigan and the US. Housing costs are moderate with median home prices at around $155,000, while the median rent price for a two-bedroom apartment is about $800. The cost of groceries and other necessities is likewise below average, making it very easy to live comfortably in Frankenmuth without breaking the bank. Overall, the combination of low housing costs and access to excellent amenities makes Frankenmuth an attractive place to call home.