Housing costs in Ishpeming township?
A typical home costs
$223,300, which is 34.0% less expensive than the national average of
$338,100 and 2.1% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Ishpeming township costs
$930 per month, which is 35.0% more than the national average of
$1,430 and 18.3% more than the state average of
$1,100.
Can I afford Ishpeming township?
To live comfortably in Ishpeming township, Michigan, a minimum annual income of
$42,840 for a family, and
$30,000 for a single person is recommended.
What does A.I. say about Ishpeming township?
Ishpeming Township, MI is known for its affordability when it comes to cost of living. The median home cost in the township is just over $80,000, far below the national average of $232,200. Rent costs in Ishpeming Township are also quite low compared to other parts of the country; a one bedroom apartment typically costs around $500 per month. The overall cost of living index in the township is 81.5, substantially lower than the United States average of 100—meaning that goods and services cost substantially less than what an equivalent item might cost elsewhere in the country. All in all, Ishpeming Township provides a great value for those seeking reasonably priced living options.