Housing costs in Big Bay?
A typical home costs
$219,000, which is 35.2% less expensive than the national average of
$338,100 and 0.1% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Big Bay 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 Big Bay?
To live comfortably in Big Bay, Michigan, a minimum annual income of
$42,120 for a family, and
$28,800 for a single person is recommended.
What does A.I. say about Big Bay?
The cost of living in Big Bay, MI is relatively reasonable compared to other nearby cities. The average home price in the city is around $135,000, making it an affordable place to live for both homeowners and renters. Along with lower housing prices, the overall cost of living is also lower than many surrounding cities. Groceries, transportation costs, and utilities are all reasonably priced as well. There are also a variety of restaurants and entertainment options that can be enjoyed without breaking the bank. All in all, Big Bay offers a great balance between affordability and quality of life.