Grand Beach, MI Cost of Living


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How much do I need to live in Grand Beach, Michigan?
$17,310 / month
for a family, 220.6% more expensive than the national average A total of $207,720 for the year for a family.
$2,600 / month
for a single person, 45.5% less expensive than the national average A total of $31,200 for the year for a single person.

Grand Beach cost of living score
88.1
Less expensive
11.9% lower
than the US average
3.7% lower
than the Michigan average
Grand Beach, Michigan gets a BestPlaces Cost of Living score of 88.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 11.9% lower than the U.S. average and 3.7% higher than the average for Michigan.

Grand Beach, MI

Housing costs in Grand Beach?
A typical home costs $1,083,700, which is 220.5% more expensive than the national average of $338,100 and 395.5% more expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Grand Beach costs $1,010 per month, which is 29.4% cheaper than the national average of $1,430 and 8.9% cheaper than the state average of $1,100.

Can I afford Grand Beach?
To live comfortably in Grand Beach, Michigan, a minimum annual income of $207,720 for a family, and $31,200 for a single person is recommended.

What does A.I. say about Grand Beach?
The cost of living in Grand Beach, MI is quite reasonable compared to other areas in Michigan. The median home price in the area is around $267,500 while the median rent is slightly lower at around $1,126 per month. This makes it a great location for people looking for an affordable place to live near Lake Michigan. Additionally, groceries and utilities tend to be relatively inexpensive in this area, which helps to keep the overall cost of living low.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesGrand BeachMichiganUnited States
    Unlock91.5100.0
  98.3  Unlock100.0
    Unlock84.8100.0
  314.3  Unlock100.0
    Unlock$218,700$338,100
  88.0  Unlock100.0
    Unlock115.1100.0
  93.3  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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