Housing costs in Negaunee?
A typical home costs
$187,300, which is 44.6% less expensive than the national average of
$338,100 and 14.4% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Negaunee costs
$910 per month, which is 17.3% cheaper than the national average of
$1,100 and close to the state average of
$900.
Can I afford Negaunee?
To live comfortably in Negaunee (zip 49866), Michigan, a minimum annual income of
$36,000 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about Negaunee?
The cost of living in 49866 Negaunee, MI is relatively low compared to the national average. As of 2020, the median home value in Negaunee was estimated at $93,800 which is lower than the US median home value of $228,200. Renters can expect to pay around $636 on average for a two-bedroom apartment which is significantly less than the U.S. average rent of $1,470. The overall cost of living index for Negaunee is at 78.9, which is 22% lower than the U.S. average cost of living index score of 100%. Goods and services throughout town are generally cheaper as well, making it an affordable place to live with a high quality of life.