Lake Linden, MI Cost of Living


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Lake Linden cost of living score
80.3
Less expensive
19.7% lower
than the US average
12.2% lower
than the Michigan average
Lake Linden, Michigan gets a BestPlaces Cost of Living score of 80.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 19.7% lower than the U.S. average and 12.2% higher than the average for Michigan.

Lake Linden, MI

Housing costs in Lake Linden?
A typical home costs $124,800, which is 63.1% less expensive than the national average of $338,100 and 42.9% less expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Lake Linden costs $830 per month, which is 42.0% cheaper than the national average of $1,430 and 32.5% cheaper than the state average of $1,100.

Can I afford Lake Linden?
To live comfortably in Lake Linden, Michigan, a minimum annual income of $23,760 for a family, and $27,200 for a single person is recommended.

What does A.I. say about Lake Linden?
The cost of living in Lake Linden, MI is relatively low compared to other nearby cities. According to BestPlaces, the overall cost of living index is 89.2 which is 11.8% lower than the US average. The cost of housing in Lake Linden is extremely affordable, with a median home price of just $73,400 and a median rent price of $717 per month. Groceries and healthcare costs are also below the national average at 8.4% lower than the US average and 7.6% lower than the US average respectively. With these incredibly low prices, Lake Linden is an ideal place for those looking for an affordable living situation near to nature and outdoors activities while remaining close enough to cities like Calumet or Houghton for more convenience.
   Cost of living score
     CategoriesLake LindenMichiganUnited States
  80.391.5100.0
  91.493.4100
  120.984.8100.0
  26.171.2100.0
  $124,800$218,700$338,100
  121.8%100.1%100.0%
  85.8115.1100.0
  94.695.9100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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