Housing costs in Sanford?
A typical home costs
$166,500, which is 50.8% less expensive than the national average of
$338,100 and 23.9% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Sanford costs
$930 per month, which is 35.0% cheaper than the national average of
$1,430 and 18.3% cheaper than the state average of
$1,100.
Can I afford Sanford?
To live comfortably in Sanford (zip 48657), Michigan, a minimum annual income of
$32,040 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Sanford?
The cost of living in 48657 Sanford, MI is generally affordable. According to the most recent data from BestPlaces, the estimated median home value in 48657 is $150,500, which is a 6.6% increase over the past year. The estimated median household income in the area is $45,243, and overall the cost of living index is 77 out of 100, which ranks it as lower than the US average. Other important costs to consider are transportation (the average commute time for residents is 27 minutes), health care (there are 3 hospitals within 25 miles) and utilities (the average electricity rate is 13.14 cents per kWh).