Housing costs in Sault Ste. Marie?
A typical home costs
$140,000, which is 58.6% less expensive than the national average of
$338,100 and 36.0% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Sault Ste. Marie costs
$860 per month, which is 39.9% cheaper than the national average of
$1,430 and 27.9% cheaper than the state average of
$1,100.
Can I afford Sault Ste. Marie?
To live comfortably in Sault Ste. Marie, Michigan, a minimum annual income of
$27,000 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Sault Ste. Marie?
The cost of living in Sault Ste. Marie, MI is quite affordable compared to many other cities. The median home price is $80,000 and rental rates are reasonable for both houses and apartments. Utilities such as gas, electricity, and water are all reasonably priced in the area as well. Groceries tend to be slightly higher than the national average but still remain lower than those found in most major metropolitan areas. Additionally, there are plenty of outdoor activities available including fishing, camping, boating, skiing, snowmobiling and more that allow for an active lifestyle without breaking the bank. Overall, Sault Ste. Marie is an affordable place to live with plenty of amenities for everyone.