Housing costs in Conway CDP (Emmet County)?
A typical home costs
$307,300, which is 9.1% less expensive than the national average of
$338,100 and 40.5% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Conway CDP (Emmet County) costs
$980 per month, which is 31.5% cheaper than the national average of
$1,430 and 12.2% cheaper than the state average of
$1,100.
Can I afford Conway CDP (Emmet County)?
To live comfortably in Conway CDP (Emmet County), Michigan, a minimum annual income of
$59,040 for a family, and
$30,000 for a single person is recommended.
What does A.I. say about Conway CDP (Emmet County)?
The cost of living in Conway, MI is relatively low when compared to other areas in Michigan. According to the most recent data from the US Census Bureau, the median household income in Conway is $48,914 per year. The cost of housing is also lower than the Michigan state average. On average, a three bedroom home will cost around $160,000. Utilities are also more affordable than many other parts of Michigan with electricity costing an average of $113 per month and natural gas at just under $71 per month. Groceries and other goods are also moderately priced when compared to surrounding areas. All in all, Conway provides residents with an affordable lifestyle that's great for families who want to stretch their budgets a little further.