Housing costs in Grass Lake?
A typical home costs
$290,300, which is 14.1% less expensive than the national average of
$338,100 and 32.7% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Grass Lake costs
$1,050 per month, which is 26.6% cheaper than the national average of
$1,430 and 4.8% cheaper than the state average of
$1,100.
Can I afford Grass Lake?
To live comfortably in Grass Lake, Michigan, a minimum annual income of
$55,800 for a family, and
$35,600 for a single person is recommended.
What does A.I. say about Grass Lake?
Living in Grass Lake, MI can be quite affordable compared to other areas of the country. The median home cost is around $105,000 and the average monthly rent for a two-bedroom apartment is approximately $741. Utilities are also relatively low with an average electricity bill of only $80 per month. Transportation expenses vary depending on individual circumstances but most residents that own cars tend to spend around $300-$400 per month when factoring in gas, insurance, and repairs. Overall, Grass Lake provides an excellent quality of life at an affordable price point.