Housing costs in Lake Michigan Beach?
A typical home costs
$141,500, which is 58.1% less expensive than the national average of
$338,100 and 35.3% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Lake Michigan Beach costs
$970 per month, which is 32.2% cheaper than the national average of
$1,430 and 13.4% cheaper than the state average of
$1,100.
Can I afford Lake Michigan Beach?
To live comfortably in Lake Michigan Beach, Michigan, a minimum annual income of
$27,000 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about Lake Michigan Beach?
The cost of living in Lake Michigan Beach, MI is very reasonable. The state has a low-cost housing market, with the average home costing around $179,000. Additionally, food and entertainment costs are fairly inexpensive, making it easy to live within one's means. Taxes in Michigan are relatively low compared to other states, providing additional savings for those looking to move to the area. With all these factors combined, Lake Michigan Beach can be an excellent place for those looking for a comfortable standard of living without breaking the bank.