Housing costs in South Rockwood?
A typical home costs
$258,600, which is 23.5% less expensive than the national average of
$338,100 and 18.2% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in South Rockwood costs
$1,380 per month, which is 3.5% cheaper than the national average of
$1,430 and 20.3% more than the state average of
$1,100.
Can I afford South Rockwood?
To live comfortably in South Rockwood (zip 48179), Michigan, a minimum annual income of
$49,680 for a family, and
$42,000 for a single person is recommended.
What does A.I. say about South Rockwood?
The cost of living in 48179 South Rockwood, MI is relatively low compared to the national average. The median home value is $124,200 which is much lower than the national average of $184,700. Grocery costs are also lower than the national average at an index of 92.9 points and housing costs are even lower with an index of 59.1 points. The overall cost of living in this area is far below the US average which makes it a great place to live for those on a budget.