Housing costs in Lakeview?
A typical home costs
$168,000, which is 50.3% less expensive than the national average of
$338,100 and 23.2% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Lakeview costs
$840 per month, which is 41.3% cheaper than the national average of
$1,430 and 31.0% cheaper than the state average of
$1,100.
Can I afford Lakeview?
To live comfortably in Lakeview, Michigan, a minimum annual income of
$32,040 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about Lakeview?
The cost of living in Lakeview, MI is quite affordable. The median home value is $99,600 and the median rent is $733/month. The overall cost of living index is 82, well below the national average of 100. Groceries, health care, utilities and transportation costs are all lower than the national average as well. This makes Lakeview an incredibly attractive place to retire or raise a family on a tight budget.