Housing costs in Dollar Bay?
A typical home costs
$125,100, which is 63.0% less expensive than the national average of
$338,100 and 42.8% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Dollar Bay costs
$830 per month, which is 42.0% cheaper than the national average of
$1,430 and 32.5% cheaper than the state average of
$1,100.
Can I afford Dollar Bay?
To live comfortably in Dollar Bay, Michigan, a minimum annual income of
$24,120 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Dollar Bay?
The cost of living in Dollar Bay, MI is relatively low compared to other cities in Michigan. The median home value in Dollar Bay is roughly $105,000, while the median household income is around $39,000 per year. This allows for residents to live comfortably on a budget without sacrificing their quality of life. Additionally, the town offers plenty of outdoor activities and attractions that are affordable or even free of charge so that families can enjoy the area without breaking the bank. In all, Dollar Bay is an excellent place for those looking for a great quality of life at an economical price point.