Carp Lake CDP (Emmet County), MI Cost of Living


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United States / Michigan / No Metro Area / Emmet County / Carp Lake CDP (Emmet County) / Zip Codes
How much do I need to live in Carp Lake CDP (Emmet County), Michigan?
$2,640 / month
for a family, 51.1% less expensive than the national average A total of $31,680 for the year for a family.
$2,433 / month
for a single person, 49.0% less expensive than the national average A total of $29,200 for the year for a single person.

Carp Lake CDP (Emmet County) cost of living score
91.5
Less expensive
8.5% lower
than the US average
0.0% lower
than the Michigan average
Carp Lake CDP (Emmet County), Michigan gets a BestPlaces Cost of Living score of 91.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 8.5% lower than the U.S. average and 0.0% lower than the average for Michigan.

Carp Lake CDP (Emmet County), MI

Housing costs in Carp Lake CDP (Emmet County)?
A typical home costs $165,800, which is 51.0% less expensive than the national average of $338,100 and 24.2% less expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Carp Lake CDP (Emmet County) costs $950 per month, which is 33.6% cheaper than the national average of $1,430 and 15.8% cheaper than the state average of $1,100.

Can I afford Carp Lake CDP (Emmet County)?
To live comfortably in Carp Lake CDP (Emmet County), Michigan, a minimum annual income of $31,680 for a family, and $29,200 for a single person is recommended.

What does A.I. say about Carp Lake CDP (Emmet County)?
Carp Lake, MI is a great place to live due to its low cost of living. The average cost of housing in Carp Lake is well below the national average, making it an affordable option for most families and individuals. In addition, basic utilities such as electricity and water are very reasonably priced. Local stores have competitive prices, while there are also plenty of restaurants and entertainment options in the area that offer inexpensive prices. All in all, Carp Lake is an affordable place to call home.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesCarp Lake CDP (Emmet County)MichiganUnited States
    Unlock91.5100.0
  89.5  Unlock100.0
    Unlock84.8100.0
  46.8  Unlock100.0
    Unlock$218,700$338,100
  98.8  Unlock100.0
    Unlock115.1100.0
  110.6  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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