Housing costs in Fife Lake?
A typical home costs
$175,100, which is 48.2% less expensive than the national average of
$338,100 and 19.9% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Fife Lake costs
$850 per month, which is 40.6% cheaper than the national average of
$1,430 and 29.4% cheaper than the state average of
$1,100.
Can I afford Fife Lake?
To live comfortably in Fife Lake, Michigan, a minimum annual income of
$33,480 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Fife Lake?
Fife Lake, MI is a great place to live, with its beautiful scenery and abundance of outdoor activities. The cost of living in Fife Lake is fairly low compared to other Michigan towns, especially when it comes to housing. According to BestPlaces.net, the median home price in Fife Lake is $81,800, which is 20% lower than the U.S. average. Additionally, the median household income in Fife Lake is 10% lower than the U.S. average at $38,062 per year. This helps make Fife Lake an affordable place for people of all income levels to live and enjoy life comfortably without breaking their budgets.