Housing costs in Fraser township (Bay County)?
A typical home costs
$172,100, which is 49.1% less expensive than the national average of
$338,100 and 21.3% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Fraser township (Bay County) costs
$900 per month, which is 37.1% more than the national average of
$1,430 and 22.2% more than the state average of
$1,100.
Can I afford Fraser township (Bay County)?
To live comfortably in Fraser township (Bay County), Michigan, a minimum annual income of
$33,120 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Fraser township (Bay County)?
The cost of living in Fraser Township, MI is relatively affordable compared to other cities in the state. According to a recent study, the cost of living index for Fraser Township is 90.1, which is lower than the national average of 100. This makes it a great place to live for those who want to stay within their budget. Rent prices are fairly low, with a median rent price for one bedroom apartments ranging from $700-$900 per month. Home prices remain below the national average and are often quite affordable for first-time homebuyers. Additionally, groceries and utilities tend to be less expensive in comparison to many other cities in the country. All in all, Fraser Township provides an economically friendly environment that is great for both young families and retirees alike.