Presque Isle Harbor, MI Cost of Living


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United States / Michigan / No Metro Area / Presque Isle County / Presque Isle Harbor / Zip Codes

Presque Isle Harbor cost of living score
77.4
Less expensive
22.6% lower
than the US average
15.4% lower
than the Michigan average
Presque Isle Harbor, Michigan gets a BestPlaces Cost of Living score of 77.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 22.6% lower than the U.S. average and 15.4% higher than the average for Michigan.

Presque Isle Harbor, MI

Housing costs in Presque Isle Harbor?
A typical home costs $224,900, which is 33.5% less expensive than the national average of $338,100 and 2.8% more expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Presque Isle Harbor costs $960 per month, which is 32.9% cheaper than the national average of $1,430 and 14.6% cheaper than the state average of $1,100.

Can I afford Presque Isle Harbor?
To live comfortably in Presque Isle Harbor, Michigan, a minimum annual income of $43,200 for a family, and $29,200 for a single person is recommended.

What does A.I. say about Presque Isle Harbor?
The cost of living in Presque Isle Harbor, MI is relatively low compared to most areas in the state. According to Economic Modeling Specialists International (EMSI), the cost of living index for the area is only 85.3, which is 15.7 points lower than the national average. This means that basic goods and services tend to be more affordable than elsewhere in Michigan. Additionally, housing costs are significantly lower due to the abundance of available property, making it possible for residents to enjoy a comfortable lifestyle without spending too much money out of pocket.
   Cost of living score
     CategoriesPresque Isle HarborMichiganUnited States
  77.491.5100.0
  94.993.4100
  87.684.8100.0
  75.471.2100.0
  $224,900$218,700$338,100
  100.3%100.1%100.0%
  95.0115.1100.0
  83.195.9100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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