Housing costs in Howell township?
A typical home costs
$294,300, which is 13.0% less expensive than the national average of
$338,100 and 34.6% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Howell township 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 Howell township?
To live comfortably in Howell township, Michigan, a minimum annual income of
$56,520 for a family, and
$46,800 for a single person is recommended.
What does A.I. say about Howell township?
Living in Howell Township, MI can be quite affordable. The cost of living index is about 10% lower than the national average, and housing costs are even more lower than that. The median home value in Howell Township is around $207,000 which is much lower than the Michigan state average of $176,000. Groceries and utilities are also below the national averages at 8% and 6% respectively. In addition to the normal costs of living expenses, taxes are also an important factor to consider when living in Howell Township. Sales tax rate is 6%, while income tax rate is 4.25%. All these factors contribute to a low cost of living that makes Howell Township very attractive for those looking for an affordable place to live with plenty of amenities nearby.