Housing costs in Breckenridge?
A typical home costs
$128,800, which is 61.9% less expensive than the national average of
$338,100 and 41.1% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Breckenridge costs
$910 per month, which is 36.4% cheaper than the national average of
$1,430 and 20.9% cheaper than the state average of
$1,100.
Can I afford Breckenridge?
To live comfortably in Breckenridge, Michigan, a minimum annual income of
$24,840 for a family, and
$29,200 for a single person is recommended.
What does A.I. say about Breckenridge?
Breckenridge, MI has an affordable cost of living compared to other cities in the state. According to BestPlaces, the cost of living index is only 75.66, which is 5% lower than the Michigan average of 79.87. Rent is well below the national average at just $711 for a one-bedroom apartment and $886 for a three bedroom house. Groceries are also cheaper, with a large percentage of items costing around 10-15% less than other parts of the state and country. Additionally, utilities like gas and electricity are cheaper than most areas, helping keep overall costs low for residents.