Housing costs in Lansing?
A typical home costs
$127,100, which is 62.4% less expensive than the national average of
$338,100 and 41.9% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Lansing costs
$1,010 per month, which is 29.4% cheaper than the national average of
$1,430 and 8.9% cheaper than the state average of
$1,100.
Can I afford Lansing?
To live comfortably in Lansing, Michigan, a minimum annual income of
$24,480 for a family, and
$32,800 for a single person is recommended.
What does A.I. say about Lansing?
Living in Lansing, MI is fairly affordable. The median house price is around $130,000 and the median rent is $810 per month. Groceries are slightly below the national average and utility costs are also lower than most other places in the U.S. Sales tax is on the higher side at 6%, but overall Lansing offers a relatively affordable cost of living.