Housing costs in Suttons Bay township?
A typical home costs
$580,300, which is 71.6% more expensive than the national average of
$338,100 and 165.3% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Suttons Bay township costs
$1,300 per month, which is 9.1% cheaper than the national average of
$1,430 and 15.4% more than the state average of
$1,100.
Can I afford Suttons Bay township?
To live comfortably in Suttons Bay township, Michigan, a minimum annual income of
$111,240 for a family, and
$40,400 for a single person is recommended.
What does A.I. say about Suttons Bay township?
The cost of living in Suttons Bay Township, MI is moderately high compared to the national average. The median household income is around $60,000 per year and the median home value is $249,700. Renters in the area can expect to pay an average of $1,053 for a two-bedroom rental unit. The overall cost of goods and services is also higher than the national average with groceries costing about 7% more and utilities costing about 12% more. This increased cost of living does come with its benefits however; Suttons Bay Township offers a beautiful natural environment along with a strong sense of community that can be hard to find elsewhere.