Housing costs in Laketon?
A typical home costs
$274,400, which is 18.8% less expensive than the national average of
$338,100 and 25.5% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Laketon costs
$1,040 per month, which is 27.3% cheaper than the national average of
$1,430 and 5.8% cheaper than the state average of
$1,100.
Can I afford Laketon?
To live comfortably in Laketon, Michigan, a minimum annual income of
$52,560 for a family, and
$32,000 for a single person is recommended.
What does A.I. say about Laketon?
The cost of living in Laketon, MI is relatively low compared to other parts of Michigan and the nation. The median home price is $148,400, which is lower than the national median home price of $219,700. In addition, the average rent for a one-bedroom apartment in Laketon is only around $600 per month. The area also has a wide range of restaurants with reasonable prices. Transportation costs are also generally low because public transportation is available throughout Laketon and bike paths connect different neighborhoods. Overall, it’s easy to live comfortably in Laketon without breaking the bank.