Housing costs in Hubbard Lake?
A typical home costs
$252,000, which is 25.5% less expensive than the national average of
$338,100 and 15.2% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Hubbard Lake costs
$900 per month, which is 37.1% cheaper than the national average of
$1,430 and 22.2% cheaper than the state average of
$1,100.
Can I afford Hubbard Lake?
To live comfortably in Hubbard Lake, Michigan, a minimum annual income of
$48,240 for a family, and
$30,000 for a single person is recommended.
What does A.I. say about Hubbard Lake?
The cost of living in Hubbard Lake, MI is relatively low compared to many other parts of the country. The median home price in the area is just over $100,000, about half of the national median, making it an affordable option for those wanting to purchase a home. Rent prices are also quite reasonable and often much lower than nearby cities. Groceries and other necessities are fairly priced as well. Overall, the cost of living in Hubbard Lake, MI is surprisingly affordable, making it an attractive place to live for people on a budget.