Housing costs in Glen Arbor?
A typical home costs
$591,900, which is 75.1% more expensive than the national average of
$338,100 and 170.6% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Glen Arbor costs
$1,440 per month, which is 0.7% more than the national average of
$1,430 and 23.6% more than the state average of
$1,100.
Can I afford Glen Arbor?
To live comfortably in Glen Arbor, Michigan, a minimum annual income of
$113,400 for a family, and
$44,800 for a single person is recommended.
What does A.I. say about Glen Arbor?
The cost of living in Glen Arbor, MI is quite reasonable. The median home value in the area is around $266,000, which is much lower than many other areas throughout the Midwest. Additionally, groceries and other basic necessities are relatively affordable due to the low-cost options available at nearby stores. Overall, living in Glen Arbor is a great bargain for those looking for a peaceful and serene place to call home.