Housing costs in Chikaming?
A typical home costs
$368,100, which is 8.9% more expensive than the national average of
$338,100 and 68.3% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Chikaming costs
$970 per month, which is 32.2% more than the national average of
$1,430 and 13.4% more than the state average of
$1,100.
Can I afford Chikaming?
To live comfortably in Chikaming, Michigan, a minimum annual income of
$70,560 for a family, and
$30,000 for a single person is recommended.
What does A.I. say about Chikaming?
Chikaming, MI is a great place to live with an affordable cost of living. The median home value in Chikaming is $228,800, which is significantly lower than the national average of $226,800. Additionally, the median household income for residents here is $54,337, which is slightly lower than the national median of $61,937. Despite this fact, the cost of living in Chikaming is still considered to be below the national average. This makes it an ideal location for those looking for an affordable place to live while maintaining a quality lifestyle. Groceries and basic necessities are also more affordable here compared to other parts of the country. Taxes are also relatively low in Chikaming and overall it's a great place to settle down at an affordable rate.