Housing costs in Gaylord?
A typical home costs
$208,700, which is 38.3% less expensive than the national average of
$338,100 and 4.6% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Gaylord costs
$780 per month, which is 45.5% cheaper than the national average of
$1,430 and 41.0% cheaper than the state average of
$1,100.
Can I afford Gaylord?
To live comfortably in Gaylord, Michigan, a minimum annual income of
$39,960 for a family, and
$24,000 for a single person is recommended.
What does A.I. say about Gaylord?
The cost of living in Gaylord, MI is generally considered to be relatively low compared to other cities in Michigan. The median home value is around $124,000 and the median household income is around $45,700. There are also a variety of housing options available ranging from affordable single-family homes to more expensive luxury condos. Furthermore, utilities are relatively inexpensive compared to other areas and there are no state taxes on income. Additionally, essentials like food and transportation costs tend to be lower than the national average. Overall, Gaylord is an affordable place to live with a great quality of life.