Housing costs in Michiana Shores?
A typical home costs
$505,900, which is 49.6% more expensive than the national average of
$338,100 and 128.3% more expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Michiana Shores costs
$930 per month, which is 35.0% cheaper than the national average of
$1,430 and 5.4% cheaper than the state average of
$980.
Can I afford Michiana Shores?
To live comfortably in Michiana Shores, Indiana, a minimum annual income of
$96,840 for a family, and
$30,000 for a single person is recommended.
What does A.I. say about Michiana Shores?
Michiana Shores, IN is a great place to live with a low cost of living. The median home price is around $150,000, significantly lower than the national average. Additionally, the cost of food and other necessities are also quite low compared to other parts of Indiana and the United States. There is no state income tax in Indiana, which helps to keep expenses even lower. Many residents find that they can enjoy all the benefits of living in Michiana Shores while still keeping their budgets under control.