Farwell, Michigan

Cost of living in Farwell, Michigan

  • Cost of living compated to USAthe lowest
  • Cost of living compared to Michiganthe lowest
  • Median household incomethe lowest

Is it expensive to live in Farwell, Michigan? When calculating the cost of living in Farwell, Michigan we factor in state income tax rates, average housing rental prices, average property values, cost of living index, and more.

The cost of living in Farwell, Michigan is the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Michigan, while median household income in Farwell is $36,974 which is the lowest Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Michigan.

Taxes in Farwell, Michigan

The sales tax rate in Farwell, Michigan is 6.0%. Last year, the average property taxes paid was 1.3% Farwell, Michigan.

The state income tax in the state of Michigan is 4.25%.

Housing costs in Farwell, Michigan

  • The average cost of a single-family home compated to USAlow
  • The average cost of a single-family home compated to Michiganthe lowest

In Farwell, Michigan, 63% of the population owns their homes, while approximately 37% rent. The average cost of a single-family home in Farwell, Michigan in 2022 is $141,602 which is lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Michigan. The average one-bedroom apartment cost is approximately $[no data] per month.

Rental SizeMonthly CostCompared to Michigan
1 Bedroom$[no data][no data]Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
2 Bedroom$[no data][no data]Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
3 Bedroom$[no data][no data]Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
4 Bedroom$[no data][no data]Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest