Housing costs in Harbor Springs?
A typical home costs
$403,800, which is 19.4% more expensive than the national average of
$338,100 and 84.6% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Harbor Springs costs
$820 per month, which is 42.7% cheaper than the national average of
$1,430 and 34.1% cheaper than the state average of
$1,100.
Can I afford Harbor Springs?
To live comfortably in Harbor Springs, Michigan, a minimum annual income of
$77,400 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about Harbor Springs?
Harbor Springs, MI is an expensive place to live. The cost of living is above the national average, with housing costs in particular being particularly high. Rent for a one bedroom apartment in Harbor Springs is typically around $1,000 per month, while the median home value is close to $300,000. Groceries and health care are also more expensive than the US average. On the bright side, the city has some of the lowest utility costs in Michigan due to its abundance of natural resources and focus on renewable energy sources. Overall, living in Harbor Springs can be expensive but is worth it for those who have access to its beautiful beaches, unique cultural events, and year-round outdoor activities.