Housing costs in Kalamazoo?
A typical home costs
$198,900, which is 41.2% less expensive than the national average of
$338,100 and 9.1% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Kalamazoo costs
$1,000 per month, which is 9.1% cheaper than the national average of
$1,100 and 5.0% cheaper than the state average of
$1,050.
Can I afford Kalamazoo?
To live comfortably in Kalamazoo (zip 49006), Michigan, a minimum annual income of
$38,160 for a family, and
$32,400 for a single person is recommended.
What does A.I. say about Kalamazoo?
The cost of living in 49006 Kalamazoo, MI is fairly reasonable. According to BestPlaces, the city has a cost of living index of 85.8, which is lower than the national average of 100. This means that the overall cost of goods and services in Kalamazoo is approximately 15% lower than the rest of the country. The median household income is around $45,000 per year and housing costs are very affordable with an average rent price for a 1-bedroom apartment being approximately $800. There are also several grocery stores located within a few miles of downtown Kalamazoo providing residents with access to fresh produce and quality items at competitive prices.