Housing costs in Southfield?
A typical home costs
$234,000, which is 30.8% less expensive than the national average of
$338,100 and 7.0% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Southfield costs
$1,520 per month, which is 38.2% more than the national average of
$1,100 and 19.7% more than the state average of
$1,220.
Can I afford Southfield?
To live comfortably in Southfield (zip 48034), Michigan, a minimum annual income of
$45,000 for a family, and
$47,600 for a single person is recommended.
What does A.I. say about Southfield?
The cost of living in 48034 Southfield, MI is relatively high compared to the rest of the US. According to data from 黑料社区, the cost of living index for this area is 125, which is 25 points higher than the national average. This means that goods and services in Southfield are generally more expensive than other parts of the country. Housing costs are particularly high in this area, with an average house price of $224,000. Other expenses such as utilities and transportation are also more expensive than in other areas. Despite these high costs, Southfield offers a variety of amenities and conveniences that may make it worth considering for those seeking a more upscale lifestyle.