Housing costs in Iosco?
A typical home costs
$354,900, which is 5.0% more expensive than the national average of
$338,100 and 62.3% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Iosco costs
$1,270 per month, which is 11.2% cheaper than the national average of
$1,430 and 13.4% more than the state average of
$1,100.
Can I afford Iosco?
To live comfortably in Iosco, Michigan, a minimum annual income of
$68,040 for a family, and
$43,200 for a single person is recommended.
What does A.I. say about Iosco?
The cost of living in Iosco, MI is relatively affordable compared to other areas in the state. Housing costs are well below the national average and utilities are also quite inexpensive. Groceries and transportation costs tend to be more expensive than other parts of Michigan but overall, Iosco still offers a great value for its residents. The town has a variety of local businesses that provide residents with plenty of options for entertainment and shopping, allowing them to keep their expenses down.