Housing costs in Houghton Lake?
A typical home costs
$164,500, which is 51.3% less expensive than the national average of
$338,100 and 24.8% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Houghton Lake costs
$810 per month, which is 43.4% cheaper than the national average of
$1,430 and 35.8% cheaper than the state average of
$1,100.
Can I afford Houghton Lake?
To live comfortably in Houghton Lake, Michigan, a minimum annual income of
$31,680 for a family, and
$24,400 for a single person is recommended.
What does A.I. say about Houghton Lake?
Houghton Lake is an affordable place to live, with a cost of living that is 11% lower than the national average. The median home price in the area is just $94,000, making it a great option for homebuyers looking for a budget-friendly city. Groceries are also inexpensive, with an average cost that is 8% lower than the national average. The overall cost of living in Houghton Lake is considerably lower than other parts of Michigan and the US as a whole, making it an attractive option for those looking to save money on housing costs.