Housing costs in Howell?
A typical home costs
$342,700, which is 1.4% more expensive than the national average of
$338,100 and 56.7% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Howell costs
$1,280 per month, which is 10.5% cheaper than the national average of
$1,430 and 14.1% more than the state average of
$1,100.
Can I afford Howell?
To live comfortably in Howell (zip 48843), Michigan, a minimum annual income of
$65,520 for a family, and
$43,600 for a single person is recommended.
What does A.I. say about Howell?
Living in 48843 Howell, MI can be quite affordable. The cost of living index for the area is 86.2 which is 14.8 points below the national average. Housing costs are very reasonable with an average home costing around $200,000 while rent averages at around $1,100 per month for a one bedroom unit. Groceries are also reasonably priced with the average grocery bill coming to under $50 per week which makes it easy to manage your weekly budget. In addition, utilities are relatively affordable as well with electricity and water rates being some of the lowest in the state. Overall, living in 48843 Howell, MI can be quite affordable and comfortable overall.