Housing costs in Long Lake?
A typical home costs
$469,100, which is 38.7% more expensive than the national average of
$338,100 and 114.5% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Long Lake costs
$1,090 per month, which is 23.8% cheaper than the national average of
$1,430 and close to the state average of
$1,100.
Can I afford Long Lake?
To live comfortably in Long Lake, Michigan, a minimum annual income of
$90,000 for a family, and
$36,800 for a single person is recommended.
What does A.I. say about Long Lake?
Long Lake, MI is known for its reasonable cost of living. The area has all the amenities of a larger city, but with lower costs than other parts of Michigan. The average cost for a two-bedroom apartment in Long Lake is quite affordable at around $800 per month. Utilities are also relatively low, and food costs are comparable to what you'd find elsewhere in the state. Overall, Long Lake is an attractive place to live due to its lower cost of living without sacrificing quality or convenience.