Housing costs in Leelanau?
A typical home costs
$622,100, which is 84.0% more expensive than the national average of
$338,100 and 184.5% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Leelanau costs
$1,320 per month, which is 7.7% cheaper than the national average of
$1,430 and 16.7% more than the state average of
$1,100.
Can I afford Leelanau?
To live comfortably in Leelanau, Michigan, a minimum annual income of
$119,160 for a family, and
$41,200 for a single person is recommended.
What does A.I. say about Leelanau?
The cost of living in Leelanau, MI is relatively low compared to other parts of the state and country. The median home price is $195,000, which is significantly lower than Michigan's median home price of $240,000. Additionally, groceries and goods are slightly cheaper than the national average. Property taxes are fairly low as well, with a tax rate of 1.42%. This makes owning a home in Leelanau more affordable for many people. Overall, the cost of living in Leelanau is lower than most places in Michigan, making it an attractive place to live for those looking to save money and enjoy the natural beauty of the area.